Spitzer widens insurance probe
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New York's attorney general files a lawsuit alleging market rigging against a second US insurance broker, Universal Life Resources.
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When New York Attorney General Eliot Spitzer accused insurance broker Marsh &amp; McLennan Cos. last month of taking kickbacks from insurers, resulting in higher premiums for clients, he raised questions for the
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US health insurance stocks fall amid concerns that New York attorney general Elliot Spitzer will widen a probe into price rigging.
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Connecticut Attorney General Richard Blumenthal said on Friday he was expanding his probe into Allstate Corp. , a day after the insurer said it would stop writing new homeowners' policies in his state.
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The plunge in US insurance stocks widened to include companies such as Aetna Inc. and Humana Inc. on concern New York Attorney General Eliot Spitzer&#39;s probe of the industry will drag down profits.
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Marsh &amp; McLennan Cos., Aon Corp. and Willis Group Holdings Ltd., insurance brokers whose business practices are the focus of a probe by New York Attorney General Eliot Spitzer, have
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NEW YORK, October 20  - The New York Attorney General&#39;s Office has widened its investigation into the practices of insurance brokerage fees in the insurance industry, including the practices prevalent among the life and health insurance
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New York Attorney General Andrew Cuomo said on Wednesday he is conducting an industry- wide probe of health insurers into an alleged scheme to defraud consumers by manipulating reimbursement rates.
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New York&#39;s attorney general has broadened his insurance-brokerage probe into life and health insurance, investigating whether brokers have taken payoffs to steer business
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The investigation of insurance practices by the New York attorney general, Eliot Spitzer, is causing wide ripples in the British market, the cradle of the industry.
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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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Eliot Spitzer received an anonymous letter last March that made for intriguing reading. The message suggested that the New York attorney general poke around Marsh &amp; McLennan, the US&#39;s largest insurance broker
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The investigation of alleged illegal payments in the US insurance business widens as California announces its own probe.
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The probe into insurance bid-rigging  by New York's attorney general widened to health insurers on  Tuesday, unnerving investors worried that more revelations of  wrongdoing and lower profits lie ahead.
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Attorney General Eliot Spitzer&#39;s blockbuster insurance industry probe, which has rocked Wall Street with charges of conflicts of interest, is likely to focus next on health insurance.
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Eliot Spitzer&#39;s probe into bid-rigging and insurance practices is likely to usher in an era of greater transparency, decreased compensation for insurance brokers and revamped business models.
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US investigations into the sale of insurance that can smooth out volatile earnings have widened significantly. Ace, a big Bermuda insurer with extensive operations in the United States, said late Monday that