May 9, 2006
Last year wasn’t the busiest year for mergers and acquisitions in the insurance agency and brokerage field, but as concerns over various probes of the insurance industry fade, activity is picking up. Kevin Donoghue of Mystic Capital Advisors Group, who …
May 8, 2006
Attorney General Lisa Madigan, of Illinois, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal recently announced an $80 million settlement agreement with Bermuda-based holding company ACE Limited, and its U.S.-based insurance subsidiaries. The charges against the …
May 8, 2006
Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal announced an $80 million settlement agreement with Bermuda-based holding company ACE Limited, and its U.S.-based insurance subsidiaries. The charges against the insurance giant were …
May 8, 2006
Attorney General Lisa Madigan, of Illinois, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal recently announced an $80 million settlement agreement with Bermuda-based holding company ACE Limited, and its U.S.-based insurance subsidiaries. The charges against the …
May 8, 2006
ACE settles bid-rigging case for $80 million Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal announced an $80 million settlement agreement with Bermuda-based holding company ACE Limited, and its U.S.-based insurance subsidiaries. …
May 7, 2006
Unlike American International Group, Zurich, ACE and other insurers that have settled similar charges, Liberty Mutual Insurance Group has decided to fight allegations of anti-competitive practices that have been brought against it by the attorneys general of New York and …
April 26, 2006
Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal today announced an $80 million settlement agreement with Bermuda-based holding company ACE, Limited, and its U.S.-based insurance subsidiaries. The charges against the insurance giant …
April 5, 2006
New York Attorney General Eliot Spitzer on Tuesday accused a major Internet pop-up advertising company of secretly installing spyware and sending ads through spyware already installed on personal computers. Spitzer sought a court order in state Supreme Court to stop …
March 30, 2006
The Supreme Court has made it more difficult for investors to join forces to file high-stakes fraud lawsuits against companies. The 8-0 decision handed down on March 21 blocks state class-action lawsuits by stockholders who contend they were tricked into …
March 6, 2006
That the investigation of New York Attorney General Eliot Spitzer into compensation practices of the nation’s insurance brokers and carriers brought to light the unethical behavior of some bad industry apples was a good thing, according to a panel of …