Congress Probes Insurance Industry Scandal
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Congress is examining the scandal rippling through the insurance industry, with its largest brokerage accused of bid rigging and price fixing amid high-level resignations, employee layoffs and guilty pleas by some executives.
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Investigators probing US insurance firms are alleged to have found evidence of improper practices at Aon, the world&#39;s second largest broker.
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WASHINGTON Congress would find a &quot;Pandora&#39;s box&quot; of unethical conduct if it delved deeper into the growing scandal within the insurance industry.
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A Congressional committee began looking into business practices in the long-term care insurance industry.
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Congress' watchdog should  investigate how financial products are sold on military bases,  two senators urged on Wednesday, after reports some insurers  and mutual fund companies target soldiers with pricey,  questionable products.
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US financial regulators seek information from Berkshire Hathaway, the firm run by billionaire Warren Buffett, in an investigation into insurance products.
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Lawmakers charged with enforcing  ethics in the U.S. House of Representatives met on Thursday to  begin an investigation of a sex scandal that has ensnared top  Republicans and could harm their chances of keeping control of  Congress in the November 7 elections.
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Disclosures of bid-rigging within the insurance industry may lead Congress to a ''Pandora's box&quot; of unethical conduct, a top investigator told Congress yesterday, just before two more executives pleaded guilty.
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Insurance companies' handling of  damage claims from hurricanes, where both wind and water  destroy property, needs closer government scrutiny, U.S.  congressional investigators said on Wednesday.
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The investigation of insurance industry practices launched by New York Attorney General Eliot Spitzer isn&#39;t just spreading to include more insurers, it has set off a frenzy of scrutiny nationwide, from California to Connecticut.
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The U.S. Justice Department is investigating the medical supply industry over concerns that some health care providers bilked government programs including Medicare, The New York Times reported on Saturday.
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Congress started an investigation into whether the U.S. Food and Drug Administration overlooked problems at a British plant that led to the withdrawal of half the country's flu vaccine supply.
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The creation of a US insurance regulator is gaining support in Congress and among consumer groups after New York Attorney General Eliot Spitzer disclosed his probe of improper sales practices.
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New York Attorney General Andrew Cuomo  said on Wednesday he is conducting an industry- wide probe of  health insurers into an alleged scheme to defraud consumers by  manipulating reimbursement rates.
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New York Attorney General Andrew Cuomo said on Wednesday he is conducting an industry- wide probe of health insurers into an alleged scheme to defraud consumers by manipulating reimbursement rates.
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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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When New York Attorney General Eliot Spitzer accused insurance broker Marsh &amp; McLennan Cos. last month of taking kickbacks from insurers, resulting in higher premiums for clients, he raised questions for the