Spitzer seen suing Universal Life Resources
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NEW YORK - New York Attorney General Eliot Spitzer, who is probing bid-rigging in the insurance industry, expects to file suit against health insurance consultant Universal Life Resources as early as Friday, a spokesman for his office said.
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Experts say the move could lead to suits against the U.S. or private companies.
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New York Attorney General Eliot  Spitzer, who is probing bid-rigging in the insurance industry,  expects to file suit against health insurance consultant  Universal Life Resources as early as Friday, a spokesman for  his office said.
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New York Attorney General Eliot Spitzer on Thursday sued Marsh & McLennan Cos., the world's No. 1 insurance broker, for steering unsuspecting clients to certain insurers in exchange for lucrative payoffs, sending Marsh's stock plummeting.
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New York Gov. Eliot Spitzer on Monday  threatened to sue the federal government on charges that new  regulations on children&#39;s health insurance violate an existing  program that covers children from lower-income families.
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Liberty Mutual Group has been subpoenaed by New York Attorney General Eliot Spitzer, the first local insurer to be caught up in the prosecutor's fast-widening probe into the insurance industry's sales practices.
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Several major insurance companies are named in a class-action lawsuit alleging they conspired with California insurance broker Universal Life Resources to steer business the broker's way in exchange for kickbacks, according to court papers.
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Eliot Spitzer&#39;s attack on the US insurance industry is expected to intensify pressure for the resignation of the head of Marsh &amp; McLellan, the company at the centre of the allegations.
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Bankrupt specialty chemicals firm says it is likely to be indicted for violating environmental laws. NEW YORK  - WR Grace &amp; Co.
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Eliot Spitzer&#39;s run at insurance broker Marsh &amp; McLennan (MMC ) looks increasingly as if it could be just the opening battle in a wide-ranging war against abuses in the insurance industry.
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ALBANY, N.Y. -- A California-based company that brokers life, accident, and disability policies for leading US companies pocketed millions of dollars a year in hidden payments from insurers and from charges on clients' unsuspecting workers, New York Attorney General Eliot Spitzer charged yesterday.
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U.S. securities regulators may file  suit against Morningstar Inc., a provider of mutual fund and  stock research, over incorrect data it published about a mutual  fund, the company said on Friday.
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New York Attorney General Eliot Spitzer sued Marsh &amp; McLennan Cos. and arrested two American International Group Inc. executives in a fraud probe he said touches ``virtually every line
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NEW YORK - Today, New York Attorney General Eliot Spitzer will announce that he is filing both criminal and civil lawsuits against Marsh &amp; McLennan, the largest US insurance brokerage firm.
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New York Attorney General Eliot Spitzer may tell a US Senate subcommittee today that federal oversight of the insurance industry is inevitable after his allegations of price manipulation and kickbacks.
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MetLife Inc. , the second-largest US life insurer, said the Securities and Exchange Commission may sue the company for improperly recording expenses at its New England Life Insurance Co. unit.
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New York Attorney General Eliot Spitzer has sued Marsh, alleging that the world&#39;s largest insurance broker steered unsuspecting clients to insurers with whom it had lucrative payoff agreements, and that the firm solicited rigged bids for insurance