September 25, 2006
Marsh & McLennan Cos. Inc., the world’s biggest insurance brokerage, said it will cut 750 jobs, consolidate some locations and revamp its information technology structure to cut costs. Marsh & McLennan, which has struggled with profitability since it changed operating …
September 21, 2006
Major corporations based in New York such as American International Group Inc. have legally contributed many times more than the corporate limit to political candidates who regulate their businesses, state and good-government officials said. In the case of AIG, the …
September 18, 2006
Marsh & McLennan Cos. Inc., the world’s biggest insurance brokerage, said last Friday it will cut 750 jobs, consolidate some locations and revamp its information technology structure to cut costs. Marsh & McLennan, which has struggled with profitability since it …
September 6, 2006
Ray Bourhis, the San Francisco lawyer who won multi-million dollar verdicts and settlements against UnumProvident is at it once again. Bourhis, who assisted in Eliot Spitzer’s investigation resulting in Unum being fined $15 million and ordered to reopen 115,000 denied …
September 6, 2006
New York Attorney General Eliot Spitzer has dropped what lawyers for Maurice “Hank” Greenberg and Howard Smith, former executives of American International Group, say are the “most explosive and significant claims” in a civil case against them. However, Spitzer’s office …
September 5, 2006
Democrat Eliot Spitzer has tackled illegal trading on Wall Street and fraudulent deals in the insurance industry and sued the federal government to force environmental protections in his nearly eight years as attorney general. The five people trying to replace …
September 4, 2006
The race to succeed Eliot Spitzer, recognized thorn in the side of the insurance industry, as New York attorney general is underway. Five candidates are running. Four Democrats, all public sector professionals, are vying: Andrew Cuomo, the former federal housing …
September 4, 2006
Marsh to accept contingent pay as MGA In a departure from their $850 million agreement prohibiting all contingent payments, New York officials have agreed to let Marsh & McLennan Cos. Inc. (MMC) accept contingent commissions from an insurer for which …
September 4, 2006
The race to succeed Eliot Spitzer, recognized thorn in the side of the insurance industry, as New York attorney general is underway. Five candidates are running. Four Democrats, all public sector professionals, are vying: Andrew Cuomo, the former federal housing …
September 4, 2006
In a departure from their $850 million agreement prohibiting all contingent payments, New York officials have agreed to let Marsh & McLennan Cos. Inc. (MMC) accept contingent commissions from an insurer for which Marsh is operating as a managing general …