Eliot Spitzer News

Reputation, Regulation and Recruitment Focus of U.K. Conference

Pulling Together” was the overall theme of the United Kingdom’s Chartered Insurance Institute’s Annual Conference, which concluded Sept. 23 in London. However, the “Three Re’s” took an equally prominent role. Delegates heard a great deal on how to address: The …

Former Marsh CEO Reportedly Building Fund to Invest in Insurers

Jeffrey Greenberg, former Marsh & McLennan chief executive officer, is raising funds for a private equity fund that will invest in insurance and other financial services companies, the Wall Street Journal has reported. The fund, named Acquline, could be up …

National Banks Hail Court Win Vs. Spitzer Affirming Federal Regulation

National bankers today hailed a ruling that upholds the federal government’s role as the primary regulator of national banks. In Office of the Comptroller of the Currency v. Eliot Spitzer, the U.S. district court for the southern district of New …

Gubernatorial Hopefuls in New York: Spitzer vs. Weld

New York voters face the prospect of a race for governor next year between Democrat Eliot Spitzer, the state’s anti-corruption crusader and high-profile attorney general, and Republican William Weld, an energetic and enigmatic native New Yorker who served as governor …

News Briefs

MASSACHUSETTS AG Might Sue Marsh: Marsh & McLennan Cos., the insurance broker that paid $850 million to settle New York Attorney General Eliot Spitzer’s accusations of bid-rigging, may face a similar suit from Massachusetts Attorney General Tom Reilly. Reilly intends …

Distinguishing between Main Street and Wall Street

Agent Compensation Disclosure: Illinois’ Department of Insurance is continuing to investigate the commission practices of its independent agents, and the rest of the country is keeping an eye on what’s happening there. Last October’s action by New York Attorney General …

Gubernatorial Hopefuls in New York: Spitzer vs. Weld

Part 1: Weld’s Insurance Record New York voters face the prospect of a race for governor next year between Democrat Eliot Spitzer, the state’s anti-corruption crusader and high-profile attorney general, and Republican William Weld, an energetic and enigmatic native New …

Illinios Insurance Director Assures Agents Commissions are Safe

Illinois Division of Insurance Director Michael McRaith assured an audience of independent agents that in spite of the Division’s ongoing investigation of agent commission practices, he was committed to working toward a compromise between producers and consumers on the issue …

AG MIGHT SUE MARSH:

Marsh & McLennan Cos., the insurance broker that paid $850 million to settle New York Attorney General Eliot Spitzer’s accusations of bid-rigging, may face a similar suit from Massachusetts Attorney General Tom Reilly. Reilly intends to sue Marsh, alleging the …

Ethical Business Practices Essential to Success in Today’s Marketplace

Many insurance companies are discovering a basic truth. Integrity in business is more than just the right thing to do-it is critical to success in an increasingly complex and dynamic marketplace. When I look at where we are these days-investigations …