Reilly expands insurance probe
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The Massachusetts attorney general's office is expanding its investigation into the lucrative commissions insurers pay brokers and consultants who promote their products, saying some of them may have violated their contracts with cities and towns.
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Insurance Commissioner John Garamendi says his settlement with San Diego-based Universal Life Resources is just the beginning of a deepening investigation.
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New York Attorney General Eliot Spitzer will expand his investigation of the insurance industry in early January, a spokesman said on Sunday, contrary to a front
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Investigations into the sale of insurance that can smooth out volatile earnings have widened significantly, as Ace Ltd., a big Bermuda insurer with extensive operations in the United
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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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Already reeling from Attorney General Eliot Spitzer&#39;s no-holds-barred probe, insurers can now look forward to dozens of additional investigators from their state regulator giving their books a once over.
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New York Attorney General Eliot Spitzer&#39;s probe of bid-rigging in the US insurance industry is quickly becoming national in scope as at least three more states opened similar investigations.
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New York Attorney General Andrew Cuomo said on Wednesday he is conducting an industry-wide probe of health insurers into an alleged scheme to defraud consumers by manipulating reimbursement rates.
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As scrutiny of the insurance industry intensifies, investigations are likely to underline the web of relationships between insurers and Marsh & McLennan.
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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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At least two more states are  investigating charges of bid-rigging in the U.S. insurance  industry brought by New York Attorney General Eliot Spitzer  last week.
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NEW YORK -- American International Group Inc., one of the world&#39;s largest insurance companies, is the target of a probe by the Department of Justice into possible securities violations.
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The investigation widened as four additional cases were reported in Pennsylvania and Connecticut as well as two more in New Jersey.
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BRITAIN&#39;S main financial regulator yesterday confirmed it is monitoring developments in a high-level probe into corruption in the US insurance industry.
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New York and Connecticut state officials said they are investigating whether improper behavior by insurance companies has been a factor in the rapidly rising cost of malpractice insurance for lawyers and doctors.
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New York Attorney General has subpoened major players in the Washington area insurance market as part of an investigation into steering and bid-rigging.
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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.