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Most benefitting from the present 4.3 percent inflation rate at the consumer level is banking/insurance ($2.68T, +5 percent; with $14B to print). Commercial banking ($>9B to print, +21 percent) is cashing in on the tougher federal bankruptcy law and lesser restrictions for charge card issuance. Bank on more direct mail, especially from sub-prime lenders. Property/casualty insurers ($2.8B to print, +6 percent) are repairing tarnished images, as at AIG, and reigning in increased coverage premiums, both print-intensive.
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- People:
- Vincent Mallardi
- Places:
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