Willis Group hires top Marsh broker
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SAN FRANCISCO (CBS.MW) -- Willis Group said Monday that it hired a top broker from larger rival Marsh &amp; McLennan, one of the first signs talent is on the move as a result of Eliot Spitzer&#39;s probe of the industry.
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Insurance broker Marsh & McLennan Companies Inc.  said on Thursday that it would sell Putnam Investments to Great-West Lifeco Inc. for $3.9 billion.
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The new head of Marsh &amp; 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, the broker at the centre of America&#39;s insurance scandal, is setting up a $230m compensation fund as it tries to rescue its tarnished image.
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The insurance broker Marsh & McLennan named the former head of the ACE insurance company, Brian Duperreault, as its chief executive.
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NEW YORK: Marsh &amp; McLennan, the worldâs largest insurance broker, said on Tuesday it will reform its business practices and stop accepting fees at the centre of an investigation by New York attorney general Eliot Spitzer into bid rigging.
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Marsh & McLennan Cos. Inc., the  world's largest insurance brokerage company, said on Tuesday  that fourth-quarter earnings soared, helped by growth in its  consulting businesses.
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Marsh & McLennan Cos. Inc., the world's largest insurance brokerage company, said on Tuesday that fourth-quarter earnings soared, helped by growth in its consulting businesses.
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The chief executive and chairman of the Marsh &amp; McLennan Companies, the world&#39;s biggest broker of insurance, resigned yesterday, less than two weeks after his company was accused of cheating customers.
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NEW YORK -- An insurance broker at a subsidiary of insurance brokerage giant Marsh &amp; McLennan Cos. pleaded guilty yesterday to criminal charges related to fraud and bid-rigging and is expected to cooperate in the broad investigation of industry practices.
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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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TORONTO/VANCOUVER, British Columbia  - Canadian insurer Great-West Lifeco Inc.  said on Thursday it will buy ailing money manager Putnam Investments from Marsh & McLennan Companies Inc.  for $3.9 billion in a bid to gain a key foothold in the U.S. asset management market.
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Marsh &amp; McLennan Cos. Chief Executive Michael Cherkasky created a compliance unit and pledged to return money to clients as the world&#39;s largest insurance broker moves to settle claims of kickbacks and rigged bids.
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WASHINGTON -- Jeffrey W. Greenberg, who resigned this week as chairman and chief executive of Marsh &amp; McLennan Cos. Inc., amid a regulatory inquiry into its policies, exercised options to obtain 540,000 shares
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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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Marsh &amp; McLennan, the world&#39;s biggest insurance broker, last night disclosed that regulators had launched an investigation into transactions involving its directors.
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Shares of Marsh & McLennan Cos. were  whipsawed on Friday amid conflicting reports that a change in  the insurance broker's top management was imminent.