When Spitzer Speaks, Insurers Take Note
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A financial industry that had grown comfortable with its regulators is reeling after the New York state attorney general filed charges of wrongdoing and denounced practices that the industry - and its regulators - had viewed as acceptable.
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New York Attorney General Eliot Spitzer&#39;s filing last Thursday of charges against giant insurance broker Marsh for alleged commercial account steering and bid rigging has already had significant impact on Marsh and is expected to reach into the insurance
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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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New York Attorney General Eliot  Spitzer's probe of bid-rigging in the U.S. insurance industry  is quickly becoming national in scope as at least three more  states opened similar investigations.
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The bond insurer problem must be  fixed, or else it could become a "financial tsunami" that  wreaks havoc on the broader economy, New York Governor Eliot  Spitzer is due to tell the Congress Thursday.
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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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UK insurers were facing unprecedented scrutiny on Friday night after Eliot Spitzerâs assault on the industry in the US. As shock waves continued to reverberate from the New York attorney-generalâs decision
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New Yorkâs governor Eliot Spitzer is creating a commission focused on streamlining regulation in the financial services industry.
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An investigation into the insurance business is expanding, investigators said yesterday, as Eliot Spitzer, the New York attorney general, increasingly turns his attention to whether American
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The nation&#39;s biggest insurers are mired in a brewing scandal that many executives fear could shake the industry to its core. After
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Market politicos sometimes say one thing but mean another.
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It didn&#39;t take long for New York Attorney General Eliot Spitzer to hit pay dirt. Just one month after he sent subpoenas to insurance companies asking a simple question - Had they participated in any bid-rigging schemes?
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The recapitalization of U.S. bond insurers hit by the subprime mortgage crisis could occur within "a couple of days," New York Gov. Eliot Spitzer said on Thursday.
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Spitzer said other insurance companies are being investigated.
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The CAPS investors have spoken. Here's what they said.
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New York Attorney General Eliot Spitzer tells US lawmakers that many insurance brokers systematically fix the market.
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Investors have spoken -- here's what they said.