Insurance brokers warned in wake of Spitzer probe
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Hong Kong insurance broking industry representatives have been ordered to step up supervision of their members and strictly implement the industry&#39;s code of conduct.
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New York&#39;s attorney general sued the nation&#39;s leading insurance brokerage yesterday, accusing brokers of taking payoffs to steer clients to insurance companies that were not necessarily offering the lowest prices for their policies.
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INSURANCE broker Marsh &amp; McLennan will take a massive hit from closing down its controversial commission- generating scheme with other firms, as demanded by New York Attorney General Eliot Spitzer.
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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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Shares of insurers and insurance  brokers fell sharply on Friday for a second straight day after  New York Attorney General Eliot Spitzer leveled fraud charges  against major industry players.
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New York state Attorney General Eliot Spitzer is preparing to file his second civil suit against an insurance broker, San Diego, Calif.
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Independent directors of Marsh & McLennan Cos. approached New York state Attorney General Eliot L. Spitzer this week about settling the corruption charges Spitzer has brought against the giant insurance broker and financial services firm, according to sources close to the investigation.
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The New York attorney general&#39;s investigation into abuses in the insurance industry escalated yesterday with a lawsuit accusing a California broker of fraudulent practices that led to higher
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New York Attorney General Eliot  Spitzer will file a lawsuit as early as Friday against an  insurance company, the second suit stemming from his sweeping  probe into bid-rigging in the industry, Spitzer told Reuters on  Friday.
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Senate governmental affairs subcommittee hearing on insurance brokerage policies, with Eliot Spitzer of New York and Richard Blumenthal of Connecticut scheduled to testify.
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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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Giant insurance broker Marsh and McLennan is now expected to escape criminal charges over illegal payments. It has been the subject of legal action over the payments by New Yrok attorney general Eliot Spitzer.
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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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Marsh &amp; McLennan Cos. (MMC.N: Quote, Profile, Research) , the insurance broker sued by New York Attorney General Eliot Spitzer last week for its business practices, said on Monday
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New York Attorney General Eliot Spitzer announces a six-month investigation into the insurance industry.
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New York Attorney General Eliot Spitzer is launching a suit against insurance broker Marsh &amp; McLennan Cos., charging it engaged in market manipulation at the cost of insurance buyers, according to a source familiar with the situation.
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Insurance brokers required to provide competing bids to customers seeking the best deal have been taking payoffs from insurance companies to rig the system in widespread corruption in the industry, New York Attorney General Eliot Spitzer charged Thursday.