Eliot Spitzer News

‘Big 3’ brokers still feeling effects of Spitzer attack, Standard & Poor’s says

The October 2004 attack by then New York Attorney General, now Governor, Eliot Spitzer against bid rigging and contingent commissions generated significant losses, both in income and competitiveness, for the world’s three biggest global insurance brokers. Fortunately for Marsh & …

The Courage to Compete

In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG was no longer selling other companies’ policies but …

N.Y. Supt. Dinallo Names New Leadership Team

New York Superintendent of Insurance Eric Dinallo announced the appointment of 11 senior executives to positions on the Insurance Department’s leadership team. Kermitt J. Brooks has been named first deputy superintendent. As second in command, he oversees all the deputy …

Big 3 brokers still feeling Spitzer effect

The attack that began in October 2002 by then New York Attorney General, now Governor, Eliot Spitzer against bid rigging and contingent commissions generated significant losses, both in income and competitiveness, for the world’s three biggest global insurance brokers. Fortunately …

‘Big 3’ brokers still feeling effects of Spitzer attack, Standard & Poor’s says

The October 2004 attack by then New York Attorney General, now Governor, Eliot Spitzer against bid rigging and contingent commissions generated significant losses, both in income and competitiveness, for the world’s three biggest global insurance brokers. Fortunately for Marsh & …

The Courage to Compete: The World According to Greenberg

In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG was no longer selling other companies’ policies but …

Marsh’s Ullman Joins Integro as Chief Compliance Officer

New York-based Integro Insurance Brokers has named Ian Ullman as chief compliance officer and risk manager. Ullman will work with senior management to improve efficiency and client service, ensure compliance with applicable laws and regulations, and address the firm’s insurance …

Fla. Officials Move to Shut Down Viatical Provider for Dishonest Practices

The Florida Office of Insurance Regulation issued a Notice and Order to Show Cause to Coventry First LLC alleging violations of the Florida Insurance Code and for “engaging in fraudulent or dishonest practices.” Coventry First LLC, founded in 1999, engages …

Big 3 Brokers Still Feeling Effects of Spitzer Attack, S&P Says

The October, 2004 attack by then New York Attorney General, now Governor, Eliot Spitzer against bid rigging and contingent commissions generated significant losses, both in income and competitiveness, for the world’s three biggest global insurance brokers. Fortunately for Marsh & …

N.Y. Senate confirms Dinallo as insurance superintendent

The New York State Senate has confirmed Governor Eliot Spitzer’s nomination of Eric Dinallo as the new superintendent of the New York State Insurance Department. He has been serving as acting superintendent since January 2007. Dinallo joined the department from …