US widens insurance investigation
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US investigations into the sale of insurance that can smooth out volatile earnings have widened significantly. Ace, a big Bermuda insurer with extensive operations in the United States, said late Monday that
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The New York attorney general's investigation into abuses in the insurance industry escalated with a lawsuit accusing a California broker of fraudulent practices.
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Insurance coverage for a terrorist attack has expanded significantly in the last five years, a Bush administration report said.
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The US stock market regulator is investigating troubled insurance broker Marsh &amp; McLennan&#39;s shareholder transactions, the firm has said.
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Marsh &amp; McLennan Cos., Aon Corp. and Willis Group Holdings Ltd., insurance brokers whose business practices are the focus of a probe by New York Attorney General Eliot Spitzer, have
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HARTFORD -- The Securities and Exchange Commission has opened another front in the widening investigation of insurance brokerage fees, launching a probe of Hartford Life , a unit of the Hartford Financial Services Group Inc.
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Marsh &amp; McLennan, the world&#39;s biggest insurance broker, last night disclosed that regulators had launched an investigation into transactions involving its directors.
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New York Attorney General Eliot Spitzer has broadened his probe into insurance brokerage fees to include life and health insurance company practices.
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The probe into insurance bid-rigging  by New York's attorney general widened to health insurers on  Tuesday, unnerving investors worried that more revelations of  wrongdoing and lower profits lie ahead.
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The US Senate is about to open an investigation into allegations that some of America&#39;s largest insurers and brokers have taken part in schemes to rig insurance bids and to gain inappropriate fees from customers.
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Eliot Spitzer&#39;s probe into bid-rigging and insurance practices is likely to usher in an era of greater transparency, decreased compensation for insurance brokers and revamped business models.
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The US Justice Department has opened a criminal probe into whether American International Group Inc. , the world's largest insurer by market value, helped a major banking client move bad loans off its books, AIG said yesterday.
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Connecticut Attorney General Richard Blumenthal said on Friday he was expanding his probe into Allstate Corp. , a day after the insurer said it would stop writing new homeowners' policies in his state.
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The company said that federal regulators have intensified their inquiry into the company&#39;s business practices from an informal to a formal investigation, raising the possibility of embarrassing and expensive penalties down the line.
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An investigation into insurance industry sales practices launched last week by the New York attorney general has widened to other states, and an increasing number of insurance companies have reported receiving subpoenas.
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Federal agents have expanded their investigation of pro wrestler Chris Benoit's personal doctor to include former patients and other patients of his who have died, The Associated Press has learned.
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The investigation into the death of a poisoned ex-KGB agent was expanding outside Britain, the country's top law enforcement official said Sunday, as investigators visited the United States and prepared to travel to Russia.