Investigators across the country are trying new tactics to crack down on the old problem of auto insurance fraud, using wiretaps, undercover agents and prosecutors who view the schemes and scams the same way they do organized crime. In 2001, …
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 …
The five N.Y. candidates running for state attorney general will get their first chance to introduce themselves to a large number of voters in a statewide town hall meeting and debate this week. “Right now it means some attention to …
GlaxoSmithKline Inc. has agreed to pay more than $41 million in restitution to end claims by more than 40 states that it inflated the prices of drugs used by cancer patients and others. The settlement announced last Thursday with the …
The U.S. Senate Judiciary Committee has received testimony on whether to continue the insurance antitrust exemption contained in the 1945 McCarran-Ferguson Act. This law placed responsibility for insurance regulation with the states and permits insurers to employ joint data collection, …
The St. Paul Travelers Companies Inc. has entered into a $77 million settlement with the attorneys general of New York, Connecticut and Illinois, as well as with the New York State Department of Insurance, resolving issues relating to those states’ …
A physician, a medical clinic owner and others are accused of a multimillion dollar auto insurance scam involving staged crashes and perpetrators who sought unnecessary treatment at facilities that were part of the scheme, said state Attorney General Eliot Spitzer …
The U.S. Senate Judiciary Committee last month received testimony on whether to continue the insurance antitrust exemption contained in the 1945 McCarran-Ferguson Act. This law placed responsibility for insurance regulation with the states and has permitted insurers to employ joint …
The U.S. Senate Judiciary Committee last month received testimony on whether to continue the insurance antitrust exemption contained in the 1945 McCarran-Ferguson Act. This law placed responsibility for insurance regulation with the states and has permitted insurers to employ joint …
The U.S. Senate Judiciary Committee last month received testimony on whether to continue the insurance antitrust exemption contained in the 1945 McCarran-Ferguson Act. The law placed responsibility for insurance regulation with the states and has permitted insurers to employ joint …
