Willis Hires Top Marsh Exec, Stock Rises
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Insurance broker Willis Group Holdings Ltd. (WSH) on Monday said it hired a top executive from embattled rival Marsh &amp; McLennan Cos.
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Marsh &amp; McLennan Cos. (MMC.N: Quote, Profile, Research) , the insurance broker accused by New York&#39;s Attorney General Eliot Spitzer of bid-rigging fraud, on
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Broker Marsh &amp; McLennan Cos.&#39; (MMC.N: Quote, Profile, Research) internal investigation into accusations of insurance bid-rigging has triggered the dismissal of four executives in recent days, a company representative said on
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Marsh & McLennan Cos. Chairman and  Chief Executive Jeffrey Greenberg resigned, the company said on  Monday, 11 days after New York's attorney general accused the  world's biggest insurance broker of rigging insurance prices.
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The new boss of scandal-hit US insurance broker Marsh & McLennan says he expects to settle charges brought by New York's attorney-general.
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Marsh & McLennan Cos. MMC.N, the  insurance broker accused by New York's Attorney General Eliot  Spitzer of bid-rigging fraud, on Thursday said five senior  executives stepped down from its board of directors.
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U.S. stocks jumped on Tuesday as  battered insurers such as Marsh & McLennan Cos. MMC.N gained  on increased confidence of a quick resolution to New York  Attorney General Eliot Spitzer's probe of the industry.
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Kroll Inc., an investigation and risk consulting company owned by Marsh &amp; McLennan Cos. Inc. (MMC.N: Quote, Profile, Research) , has appointed Simon Freakley as chief executive officer and president.
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Marsh &amp; McLennan Cos.&#39; new boss Michael Cherkasky may be the prototype of the new CEO -- where the E stands for enforcement.
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Michael Cherkasky, the newly appointed chief executive of Marsh &amp; McLennan Cos., can pick up as much as $1.95 million annually under the terms of his pay package
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Kroll Inc., an investigation and risk  consulting company owned by Marsh & McLennan Cos. Inc. MMC.N,  has appointed Simon Freakley as chief executive officer and  president.
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The chief executive and chairman of Marsh &amp; McLennan Companies, the world&#39;s biggest broker of insurance, stepped down today, less than two weeks after his company was accused of cheating customers.
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NEW YORK (CBS.MW) -- PeopleSoft shares jumped over 8 percent Friday after the software company fired CEO Craig Conway in a move viewed as paving the way for a new takeover bid from rival Oracle Corp.
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Shares of Marsh & McLennan rose Thursday following a report that a key executive at its insurance brokerage unit had resigned and that a reorganization of the group was imminent.
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The chief of Marsh & McLennan, the world's biggest insurance broker, resigned less than two weeks after his company was accused of cheating customers.
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SAN FRANCISCO (CBS.MW) -- Marsh &amp; McLennan CEO Jeffrey Greenberg resigned Monday and was replaced with Michael Cherkasky as the insurance broker tries to work towards a settlement with New York officials.
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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.