Clarification: 03/13/96 issue, Credit Insurance Funneling

A March 13 article, "Credit Insurance Funneling Big Bucks to Issuers" (page 12), mixed figures for the industry at large and a single company in a potentially confusing way. About 50 million cardholders pay monthly premiums to insure their card debt. American Bankers Insurance Group insures 10 million of these accounts and receives 550,000 claims a year.

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