"An insurer could contend that a subscription to 'Hang Gliding Monthly' is predictive of highly dangerous behavior, but I'm not buying that theory: The consumer may be getting the magazine for the pictures, " says Thomas Considine, New Jersey's commissioner of banking and insurance.

WSJ: Insurers Test Data Profiles to Identify Risky Clients

EU's competition commissioner, evidently agrees: she said last week that banking would be among the first targets of a unit she is setting up in Brussels to bash cartels.

ECONOMIST: European banks