Elliot Spitzer
DJ Marsh & McLennan Faces New Bid-Rigging Lawsuit In Florida
CHICAGO (Dow Jones)--More than a year after it paid $850 million to settle a bid-rigging lawsuit filed by the New York attorney general, insurance broker Marsh & McLennan Cos. Inc. (MMC) is facing similar charges in a civil lawsuit filed by Florida's top lawmaker. . .(Go to article...)
Are Eliot Spitzer's Insurance Lawsuits Hitting the Wrong Targets?
Wharton School of Business - On September 15, New York State Attorney General Eliot Spitzer indicted eight former executives from Marsh & McLennan Companies for their part in an alleged bid-rigging scheme involving insurance brokers who got insurance providers to submit inflated quotes...(Go to article...)
Big Marsh clients accept settlement fund
SAN FRANCISCO - Marsh & McLennan Cos. said Tuesday that most of its largest clients signed up to a compensation fund the insurance broker set up as part of its settlement with New York Attorney General Eliot Spitzer....(Go to article...)
Marsh Settles With 30 State Regulators in Commission, Bid-Rigging Probes
KANSAS CITY, Mo. - Marsh & McLennan Cos. has taken another step toward clearing away the regulatory clouds that have hung over the company for more than a year, agreeing with 30 insurance regulators working through the National Association of Insurance Commissioners to a multistate settlement of inquiries into the company's bidding and ...(Go to article...)
Like Spitzer, Other Regulators Seek Civil Settlements With Marsh
NEW YORK - The New York state attorney general's investigation of Marsh & McLennan Cos.' compensation practices ended when the global insurance broker agreed to pay an $850 million settlement. (Go to article...)
Spitzer: Ex-Marsh Officials Must Plead Guilty
Citing sources close to the situation, the Wall Street Journal says that New York Attorney General Eliot Spitzer has told more than a half-dozen former Marsh Inc. executives they'll be indicted on criminal charges as soon as next week if they don't plead guilty to lesser charges within days. (Go to article...)
WSJ(8/12) Former Broker At Marsh Focus Of Grand-Jury Probe Brokers
A GRAND JURY impaneled by New York Attorney General Eliot Spitzer is investigating whether William Gilman, a former top insurance broker at Marsh Inc., helped rig bids for corporate clients and steer business to insurers that paid the brokerage firm special commissions, according to four people familiar with the matter. (Go to article...)
Spitzer secures insurance pleas
ALBANY, N.Y._State Attorney General Eliot Spitzer secured five pleas this week in his continuing investigation of bid-rigging in the insurance industry. On Friday, Jason Monteforte, who was a broker for Marsh & McLennan Cos.(Go to article...)
Marsh Offers Settlement to Utahns Deseret Morning News, Friday June 10, 2005
WSJ(5/27) AIG Probes Bring 1st Charges; New York Files Suit
IN THE FIRST formal charges to come from the probes of American International Group Inc.'s accounting, New York state authorities sued AIG, former Chairman Maurice R. "Hank" Greenberg and the insurance company's former chief financial officer, painting a picture of widespread accounting gimmickry aimed at duping regulators and investors. (Go to article...)
How New York's attorney general became the most powerful man on Wall Street.
By Daniel Gross from Slate E-zine
Agent & Broker Compensation -- What's All the Fuss?
By Chris Rebillot from about.com
Biggest Insurance Brokers Mired in Scandal
By Thor Valdmanis, Adam Shell and Elliot Blair Smith, USA TODAY
