Insurer satisfies Spitzer
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Marsh &amp; McLennan dumped its CEO yesterday to appease New York&#39;s crusading attorney general Eliot Spitzer who&#39;s still ramping up in his newest war - against the insurance industry.
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The energy firm projects sturdy future EBITDA growth.
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Eliot Spitzer, the two-term New York State attorney general who has gained a national reputation uncovering corrupt practices throughout the financial and insurance industries, said yesterday
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The company is reasonably certain that it can maintain previously issued earnings guidance.
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SAN FRANCISCO (CBS.MW) -- Insurance stocks rallied Tuesday as the threat of criminal charges being brought against companies in Eliot Spitzer&#39;s probe of the industry abated.
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After nearly three years of high-profile prosecutions of investment banks, mutual funds and insurance companies, Attorney General Eliot Spitzer of New York said yesterday that he
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New York Gov. Eliot Spitzer on Thursday said he and the state insurance superintendent were making "good progress" on a plan to stabilize bond insurers, adding he was being careful not to get ahead of the federal government.
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Management's predictions turn out to be right on target.
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New York Attorney General Eliot Spitzer&#39;s filing last Thursday of charges against giant insurance broker Marsh for alleged commercial account steering and bid rigging has already had significant impact on Marsh and is expected to reach into the insurance
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Corrects headline and story to show that settlement has been reached; adds dropped word "million" in paragraph 2
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NU Online News Service, Dec. 7, 9:53 am EDTâTwo insurance carriers have announced that New York Attorney General Eliot Spitzer has subpoenaed them for information about professional liability insurance for law firms.
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NEW YORK -- Insurance giant American International Group Inc. said yesterday it has received subpoenas from New York Attorney General Eliot Spitzer and the Securities and Exchange Commission related to nontraditional insurance products and ''certain assumed reinsurance transactions."
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Executives at the British operations of Marsh &amp; McLennan, the world&#39;s largest insurance broker, breathed a sigh of relief yesterday after law firm
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Ruling is a victory for Eliot Spitzer, who is suing the former NYSE chairman over his pay package. NEW YORK (CNN/Money) - A federal judge has ruled Thursday that the trial against former New York Stock Exchange
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RS Investment Management agreed to pay &#36;30 million to settled allegations it allowed "excessive" market timing in its mutual funds, New York Attorney General Eliot Spitzer said Wednesday.
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Marsh &amp; McLennan Companies Inc. is moving to collect about $230 million in controversial contingent commissions owed by insurers and will put the money toward a settlement with the New York Attorney General Eliot Spitzer.
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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.