Marsh to Make Payments More Transparent
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One day after Marsh &amp; McLennan Cos. ousted its chief executive, the nation&#39;s largest insurance broker said it will tell its clients exactly how much they are paying
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The SEC's new tool helps investors get the skinny on compensation.
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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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Marsh & McLennan Cos. MMC.N, 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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The U.S. Securities and Exchange  Commission has asked Marsh & McLennan Cos. Inc. MMC.N for  information about partnerships that individuals affiliated with  the company have invested in, the insurance broker said in a  statement.
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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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Christopher Cox, chairman of the Securities and Exchange Commission, said some companies have been providing investors with confusing data about executive compensation, making it difficult for them to decipher how these companies are paying their top officials.
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A pending change to a popular credit scoring system is about to make it much harder for people to polish their credit by riding the coattails of someone else's good payment record.
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Lawyers to get bigger share of any settlement in Linux suits in exchange for billing less up front.
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The new boss of scandal-hit US insurance broker Marsh & McLennan says he expects to settle charges brought by New York's attorney-general.
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Marsh &amp; McLennan Cos. Chief Executive Michael Cherkasky created a compliance unit and pledged to return money to clients as the world&#39;s largest insurance broker moves to settle claims of kickbacks and rigged bids.
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A new law that takes effect today will shorten the time a check takes to clear -- and muddy the finances of check writers who rely on the &quot;float.
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U.S. stock markets would have to  disclose executive pay and provide details of their regulatory  programs, under new rules proposed by the Securities and  Exchange Commission on Tuesday.
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Marsh &amp; McLennan, the world&#39;s biggest insurance broker, last night disclosed that regulators had launched an investigation into transactions involving its directors.
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Securities and Exchange Commission Chairman Christopher Cox called for Congress to set new disclosure rules for municipal borrowers, saying there is an "urgent need" to improve the information investors receive.
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Companies must disclose more information about their business deals and financial obligations starting Monday, when new Securities and Exchange Commission rules take effect.
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Marsh and McLennan Companies, Inc. the world&#39;s biggest insurance broker, announced a radical overhaul of its business practices after learning it would not face criminal charges for allegedly deceiving its customers.