Marsh got $1.2bn in &#39;contingency fees&#39;
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MARSH &amp; MCLENNAN, the insurance broker at the centre of a bid-rigging and fee-fixing scandal, admitted that it had received more than $1.
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MetLife Inc. said on Tuesday that it paid brokers and consultants about $25 million last year in &quot;contingent payments,&quot; which are the subject of a probe by New York state Attorney General Eliot Spitzer.
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New York Attorney General Eliot Spitzer on Thursday sued Marsh &amp; McLennan Cos., the world&#39;s No. 1 insurance broker, for steering unsuspecting clients to certain insurers in exchange for
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One day after Marsh &amp; McLennan Cos. ousted its chief executive, the nation&#39;s largest insurance broker said it will tell its clients exactly how much they are paying
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A day after the resignation of its chairman and chief executive officer, Marsh &amp; McLennan Cos. announced on Tuesday it would stop accepting fees that had prompted a lawsuit by New York state Attorney General Eliot Spitzer.
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KPMG has received the largest audit fine in the history of the US Securities and Exchange Commission for its role in a company that cost Rupert Murdoch&#39;s News Corporation $6billion (Â£3.
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Marsh &amp; McLennan Cos. (MMC.N: Quote, Profile, Research) , which has been at the center of a bid-rigging scandal rocking the insurance industry, on Tuesday said it will cut 3,000
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Prudential has surprised investors with plans for a one billion pound rights issue largely to fund expansion in the UK. Shares in Britain&#39;s second-largest listed insurer
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Business & money: An emergency loan of Â£1.6bn and speculation about the sub-prime fallout have rocked the bank.
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Marsh & McLennan's expertise apparently included convincing clients to overpay for insurance. Not good.
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British insurer Prudential announced a 92-percent take-up of a new share issue worth one billion pounds (1.43 billion euros, 1.85 billion dollars).
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Marsh &amp; McLennan, the US insurance broker accused of rigging the market to win bogus fees from customers, yesterday warned lines of credit from lenders
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December 23, 2004 -- Marsh &amp; McLennan Cos., the world&#39;s largest insurance broker, said the Securities and Exchange Commission is investigating the stakes that directors, officers, and shareholders have in the company&#39;s buyout funds.
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American Express will receive a payment of about $2.1bn from Visa after it sued the credit card giant.
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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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Attorney General Eliot Spitzer yesterday sued insurance brokerage Marsh &amp; McLennan, accusing the company of rigging bids and steering business to insurance companies that paid fees for special treatment.
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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.