Insurance probe widens
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California Insurance Commissioner John Garamendi on Wednesday proposed broad regulations that would require brokers and some agents to disclose all compensation they receive from insurance companies and to recommend to their clients the best available
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In town to testify on bid rigging and price-fixing in the insurance industry, California Insurance Commissioner John Garamendi yesterday said ongoing investigations might reveal
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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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The storm over the U.S. insurance  industry took a new turn Thursday when American International  Group Inc. AIG.N said a federal grand jury is investigating  products it sold that companies might have used to massage  earnings.
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The investigation widened as four additional cases  were reported in Pennsylvania and Connecticut as well as two more in New Jersey.
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It appears competition is starting to heat up in this insurance sector.
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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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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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Spitzer said other insurance companies are being investigated.
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The UK Treasury launches a probe into travel insurance, and may introduce legislation if there has been mis-selling.
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New York Attorney General Eliot Spitzer will expand his investigation of the insurance industry in early January, a spokesman said on Sunday, contrary to a front
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Some industry analysts say an ongoing insurance bid-rigging scandal -- combined with rising health-care costs -- will build demand for online bidding on insurance policies.
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At least two more states are investigating charges of bid-rigging in the US insurance industry brought by New York Attorney General Eliot Spitzer last week.
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WASHINGTON - The Pentagon is broadening its investigation of Boeing Co.&#39;s contracting scandal, increasing the potential for more financial and legal hits for the aerospace giant.
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WASHINGTON (CBS.MW) - State and federal regulators need to widen their probe of the US insurance industry in order to protect consumers and the economy, New York Attorney General Eliot Spitzer will tell a congressional panel Tuesday.
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The Arkansas Insurance Department announced it has begun a general investigation of the insurance practices of Arkansas insurance brokers and insurance companies.
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Investigations into the sale of insurance that can smooth out volatile earnings have widened significantly, as Ace Ltd., a big Bermuda insurer with extensive operations in the United