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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Jeffrey Greenberg, the chief executive of Marsh &amp; McLennan, the insurance broker accused of rigging the market to make inappropriate fees from customers, was yesterday expected
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Standards chief calls for more transparency to repair the damage done to public confidence
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Incoming Speaker Pelosi unveils a reform agenda - even as corruption probes of two Democrats proceed.
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THE new boss of Marsh &amp; McLennan will travel to London next week to woo the insurance brokerâs clients, even though the companyâs UKâs subsidiary has been cleared of wrongdoing.
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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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Insurance firm says its board now consists of its new CEO Michael Cherkasky and 10 outside members. NEW YORK  - Marsh &amp; McLennan Cos.
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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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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;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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Marsh &amp; McLennan CEO Jeff Greenberg may soon be on his way out the door as head of the world&#39;s biggest - and most troubled - insurance broker.
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The chief executive of Marsh & McLennan faces a showdown with investigators over accusations of bid-rigging.
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A new superintendent is vowing to transform the battered public school system in New Orleans.
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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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The way the troubled Welsh Ambulance Service deals with 999 calls will be redesigned, says its chief executive.
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Hank Paulson, the new Treasury secretary, gave a splendid speech this week about the need to re-engineer the financial regulatory structure to make it more efficient and enhance the competitiveness of U.S. markets in the face of stiff new competition from London and Hong Kong.
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NEW YORK Marsh &amp; McLennan has a good chance of surviving despite the departure Monday of Jeffrey Greenberg, its chief executive, as long as its outside directors understand that removing Greenberg is not the last but the first change they will have to make