New York AG to Sue Insurance Broker
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New York Attorney General Eliot  Spitzer on Thursday sued insurance broker Marsh & McLennan Cos.  MMC.N, charging they engaged in market manipulation.
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Connecticut Attorney General Richard Blumenthal yesterday sued insurance brokerage giant Marsh &amp; McLennan Inc. and a unit of the Bermuda-based ACE Ltd. insurance company for alleged illegal commissions in connection with an $80 million state contract.
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NEW YORK : New York Attorney General Eliot Spitzer sued Thursday a major US insurance brokerage firm, Marsh and McLennan Co, for steering clients to insurers with whom it had lucrative payoff agreements.
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NEW YORK - New York Attorney General Eliot Spitzer, who is probing bid-rigging in the insurance industry, expects to file suit against health insurance consultant Universal Life Resources as early as Friday, a spokesman for his office said.
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ALBANY, NY -- The man who made Wall Street reform its ways is now charging widespread corruption in the insurance industry. He alleged that brokers have been taking payoffs from insurance companies to steer
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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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ALBANY, N.Y. -- A California-based company that brokers life, accident, and disability policies for leading US companies pocketed millions of dollars a year in hidden payments from insurers and from charges on clients' unsuspecting workers, New York Attorney General Eliot Spitzer charged yesterday.
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The New York State attorney general said on Thursday that he plans to sue Exxon Mobil Corp.  over a nearly 30-year old oil spill in New York City.
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The New York attorney general&#39;s investigation into abuses in the insurance industry escalated yesterday with a lawsuit accusing a California broker of fraudulent practices that led to higher
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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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Dutch-based insurer says NY attorney general probing fees paid to brokers for new business. AMSTERDAM, The Netherlands  - New York Attorney General Eliot Spitzer has asked Dutch financial services
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A California-based company that brokers life, accident and disability policies for leading US companies pocketed millions of dollars a year in hidden payments from insurers and from charges on clients&#39; unsuspecting workers, New York Attorney General Eliot
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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 sued insurance giants Marsh &amp; McLennan, American International Group and several others Thursday, alleging policy brokers have been taking payoffs from insurance companies to steer corporate clients their way rather
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The insurance broker accused by the New York attorney general of bid rigging and price fixing faces another threat: lawsuits filed by angry customers and the company&#39;s own shareholders, who are upset the company&#39;s stock has plummeted.
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New York Attorney General Eliot Spitzer on Friday filed suit against Universal Life Resources (ULR), charging the life and disability insurance broker with taking fraudulent kick-backs for steering business to certain insurers.
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NEW YORK: New York Attorney-General Eliot Spitzer sued Marsh &amp; McLennan Cos, the world&#39;s No 1 insurance broker, last Thursday, for steering unsuspecting clients to certain insurers in exchange for lucrative payoffs, wiping out nearly a quarter of Marsh&#39;s