Spitzer taking on insurers?
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New York Attorney General Eliot Spitzer is launching a suit against insurance broker Marsh &amp; McLennan Cos., charging it engaged in market manipulation at the cost of insurance buyers, according to a source familiar with the situation.
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New York Attorney General Eliot  Spitzer, who is probing bid-rigging in the insurance industry,  expects to file suit against insurance consultant Universal  Life Resources as early as Friday, a spokesman for his office  said.
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Consumers might have felt like bystanders when New York Attorney General Eliot Spitzer fired his opening salvo against the insurance industry last week.
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Eliot Spitzer showed once again why he is Wall Street&#39;s worst nightmare yesterday when he launched a scathing attack on the insurance industry that could lead to criminal charges against leading executives.
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Old friends Eliot Spitzer and Michael Cherkasky found themselves on opposite sides of a case that rattled the insurance industry.
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MBIA Inc., a large U.S. bond insurer,  said on Thursday it received subpoenas from the U.S. Securities  and Exchange Commission and New York Attorney General Eliot  Spitzer, seeking information about so-called non-traditional or  loss-mitigation insurance products.
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The nation&#39;s biggest insurers are mired in a brewing scandal that many executives fear could shake the industry to its core. After
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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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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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Some of the insurance brokers and carriers under investigation in New York Attorney General Eliot L. Spitzer&#39;s probe of steering and bid-rigging are major players in the Washington area insurance market.
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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 Attorney General Eliot  Spitzer on Thursday sued Marsh & McLennan Cos., the world's No.  1 insurance broker, for steering unsuspecting clients to  certain insurers in exchange for lucrative payoffs, sending  Marsh's stock plummeting.
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New York Attorney General Eliot  Spitzer will file a lawsuit as early as Friday against an  insurance company, the second suit stemming from his sweeping  probe into bid-rigging in the industry, Spitzer told Reuters on  Friday.
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Marsh &amp; McLennan Cos. (MMC.N: Quote, Profile, Research) , the insurance broker accused by New York&#39;s Attorney General Eliot Spitzer of bid-rigging fraud, on
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Eliot Spitzer&#39;s run at insurance broker Marsh &amp; McLennan (MMC ) looks increasingly as if it could be just the opening battle in a wide-ranging war against abuses in the insurance industry.
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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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It didn&#39;t take long for New York Attorney General Eliot Spitzer to hit pay dirt. Just one month after he sent subpoenas to insurance companies asking a simple question - Had they participated in any bid-rigging schemes?