New Marsh chief promises reform
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MICHAEL CHERKASKY, the new chief executive of Marsh &amp; McLennan, yesterday promised âcomplete transparencyâ and announced a major overhaul of the way the embattled insurance broker does business.
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By Erica Werner  WASHINGTON - Rep. Nick Rahall, the incoming Democratic chairman of the House committee that writes environmental laws, on Friday promised a new focus for the committee - starting with a new name.
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Marsh &amp; McLennan Companies Inc. (MMC) reported on Monday that Roger Egan, president and COO of Marsh Inc., its risk and insurance services subsidiary, and Christopher Treanor, Marsh Inc.
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A state official hand-picked by Gov. Mitt Romney to serve as Massachusetts Turnpike Authority chairman declared a "new era" Wednesday for the agency overseeing the troubled Big Dig, promising "accountability, transparency and reform."
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Marsh & McLennan Cos. MMC.N, the  world's largest insurance broker, on Tuesday said it will  reform its business practices and stop accepting fees that New  York's attorney general said amounted to bid-rigging.
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The institution's new president, Sir Nicholas Grimshaw, is determined to restore some luster to its name after recent scandals and in-fighting.
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Marsh & McLennan, the world's largest insurance broker, may survive its criminal investigation if it makes certain changes.
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By BRANDON LARRABEE  ATLANTA - Revisions to the state's new marsh rules allowing some exceptions for "hardships" caused by a 50-foot buffer zone could be approved in July after a Board of Natural Resources committee signed off on the changes Tuesday.
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Marsh & McLennan tries to cut its way to an operational recovery.
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New Ford chief realigns management to cut waste.
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NEW YORK - The general counsel for broker Marsh &amp; McLennan Cos. will step down next week as the embattled firm seeks to clean house and reform its business practices, the Wall Street Journal reported on Friday.
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NEW YORK, Oct. 25 -- The new head of Marsh & McLennan Cos., Michael G. Cherkasky, has three key traits working in his favor: clean hands, a reputation for toughness and the right friends.
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Marsh &amp; McLennan Cos.&#39;s new chief executive said Tuesday the embattled firm will pay back any customers who were harmed by bid-rigging and other illegal activities uncovered by New York Attorney
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Standards chief calls for more transparency to repair the damage done to public confidence
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NEW YORK -- The chairman and chief executive of the insurance brokerage giant Marsh &amp; McLennan is stepping down. The company said Monday that Jeffrey Greenberg submitted his resignation and the board accepted it.
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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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A far reaching consultation into plans to upgrade flood protection across the country is to be unveiled.