September 28, 2005
New York Attorney General Eliot Spitzer turned his attention to St. Paul Travelers Cos. recently, as the company noted Wednesday that it was served with a subpoena from Spitzer’s office. The subpoena was reportedly related to reporting involving workers’ compensation …
September 26, 2005
“Pulling Together” was the overall theme of the U.K.’s Chartered Insurance Institute’s Annual Conference, which concluded Friday, Sept. 23 in London. However, the “Three Re’s” took an equally prominent role. Delegates heard a great deal on how to address: The …
September 22, 2005
Connecticut Attorney General Richard Blumenthal announced new allegations in his lawsuit against insurance broker Marsh & McLennan Inc., including bid rigging, price fixing and illegally steering Connecticut businesses and consumers to favored insurers in exchange for tens of millions of …
September 21, 2005
More than 30 state insurance regulators working collaboratively through the National Association of Insurance Commissioners (NAIC) on Wednesday announced a multi-state regulatory settlement with the nation’s largest insurance broker, Marsh & McLennan Cos. Inc. (Marsh). The settlement agreement is designed …
September 19, 2005
If Congress Changes Regulation, Impact Would be Big … But That’s a Big ‘If’ While underwriting cycles and the dynamics of distribution are certain to shape the surplus lines industry of 2010, a number of forecasters believe regulatory changes emanating …
September 19, 2005
If Congress Changes Regulation, Impact Would be Big … But That’s a Big ‘If’ While underwriting cycles and the dynamics of distribution are certain to shape the surplus lines industry of 2010, a number of forecasters believe regulatory changes emanating …
September 18, 2005
The Hartford Financial Services Group Inc. has received another subpoena from New York Attorney General Eliot Spitzer about variable annuity sales. The subpoena, which the Hartford disclosed to the U.S. Securities and Exchange Commission in a filing last week, also …
September 15, 2005
Illinois Division of Insurance Director Michael McRaith on Wednesday 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 …
September 15, 2005
New York Attorney General Eliot Spitzer and Insurance Superintendent Howard Mills on Thursday announced the indictment of eight former executives of insurance brokerage giant Marsh Inc. for their roles in a bid rigging scheme that officials maintain defrauded clients of …
September 6, 2005
New York Attorney General Eliot Spitzer has released a report urging improved testing of infants for lead poisoning. The report includes 10 recommendations to increase childhood lead testing in New York. One of the key concerns raised in the new …