Marsh CEO sees Spitzer settlement
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The new boss of US insurance broker Marsh &amp; McLennan said he is confident of settling the charges brought by New York Attorney-General Eliot Spitzer.
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Marsh & McLennan Cos. MMC.N on  Monday agreed to pay $850 million to settle charges it  conspired with insurers to rig bids, raising hopes the world's  biggest insurance broker can start moving past the scandal.
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CHICAGO (CBS.MW) -- Jeffrey Greenberg may step down as early as Monday as chief executive of Marsh &amp; McLennan, the insurance broker accused of rigging bids by New York Attorney General Eliot Spitzer, according a media report Sunday.
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Marsh &amp; McLennan chief executive Jeffrey Greenberg could announce his resignation as soon as today as a result of New York attorney general Eliot Spitzer&#39;s investigation into alleged corruption in the insurance industry.
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Independent directors of Marsh & McLennan Cos. approached New York state Attorney General Eliot L. Spitzer this week about settling the corruption charges Spitzer has brought against the giant insurance broker and financial services firm, according to sources close to the investigation.
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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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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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NEW YORK - Marsh &amp; McLennan Companies Inc. is looking to collect about $230 million in incentive fees at the heart of a bid-rigging probe by New York authorities as a way to help fund a possible settlement over the questioned fees.
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The chief executive of Marsh & McLennan faces a showdown with investigators over accusations of bid-rigging.
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Marsh &amp; McLennan Cos.&#39; new boss Michael Cherkasky may be the prototype of the new CEO -- where the E stands for enforcement.
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Company says its chief executive reached a settlement with the SEC over allegations of securities violations in the trading of SINA stock.
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Marsh & McLennan Cos. , the world's largest insurance broker, said on Tuesday it would reform its business practices and stop accepting fees at the center of an investigation by New York Attorney General Eliot Spitzer into bid rigging.
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Marsh & McLennan, the world's largest insurance broker, may survive its criminal investigation if it makes certain changes.
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The $850 million settlement Marsh &amp; McLennan Cos. reached with New York Attorney General Eliot Spitzer yesterday will have a small but positive effect on its mutual-fund subsidiary, Putnam Investments, but is unlikely to resolve whether the Boston firm should split from its corporate parent, analysts said yesterday.
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Eliot Spitzer&#39;s filed a complaint against Marsh &amp; McLennan in State Supreme Court in Manhattan Thursday, alleging that the insurance broker received payments from companies to reward it for steering business their way.
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NEW YORK - Today, New York Attorney General Eliot Spitzer will announce that he is filing both criminal and civil lawsuits against Marsh &amp; McLennan, the largest US insurance brokerage firm.
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Jeff Greenberg leaves post at No. 1 insurance broker not long after Spitzer targeted firm: WSJ. NEW YORK (CNN/Money) - Marsh &amp; McLennan&#39;s embattled Chief Executive Officer Jeffrey Greenberg stepped down as