Chase Reinsurance Deals Draw Attack From NYS Regulators

New York’s Department of Financial Services hammered banks over their relationships with force-placed insurers in a Friday hearing, challenging JPMorgan Chase officials on lucrative reinsurance arrangements that the Department suggested are tantamount to kickbacks.

Article source: http://www.nationalmortgagenews.com/dailybriefing/fore-placed-insurance-kickbacks-JPM-New-York-probe-1030542-1.html

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