A former business executive was sentenced Tuesday to two years of probation for his role in an accounting scandal that cost shareholders of insurer American International Group Inc. more than $500 million. John Houldsworth, the former chief executive officer of …
Marsh & McLennan Cos. Inc. has agreed to pay $2.4 million to the state of Connecticut to settle claims of bid-rigging, price-fixing and receiving kickbacks. State Attorney General Richard Blumenthal says the deal settles his 2005 lawsuit against the firm. …
Marsh & McLennan Cos. Inc., the New York-based insurance broker and consulting firm, has agreed to pay $2.4 million to the state of Connecticut to settle claims of bid rigging, price fixing and receiving kickbacks. State Attorney General Richard Blumenthal …
The controversial bonuses given to executives at bailed-out insurer American International Group Inc. do not violate Connecticut’s unfair trade practices law, the state’s consumer protection commissioner says. Commissioner Jerry Farrell Jr. is among numerous federal and state officials who have …
Connecticut Attorney General Richard Blumenthal is questioning why up to $400 million in federal bailout money is going to the big three credit rating agencies that he says helped create the economic meltdown. Blumenthal said Monday that he is investigating …
The family of a Connecticut woman mauled by a chimpanzee last month filed preliminary legal papers seeking $50 million in damages against the primate’s owner. Relatives of Charla Nash filed the legal papers, which are prelude to an expected lawsuit, …
