Maurice “Hank” Greenberg, former chief executive officer of American International Group Inc., is battling back against charges he cooked AIG’s books, arguing that many of the accounting decisions for which he has come under fire were in fact made and …
If he decided to run for New York State Governor next year, former New York City Mayor Rudolph Giuliani would top State Attorney General Eliot Spitzer 49 – 42 percent, the only one of several high visibility Republican names to …
The nation’s credit rating agencies are facing increased scrutiny from federal officials and New York Attorney General Eliot Spitzer. In recent months, the Securities and Exchange Commission and Congress have moved to make credit rating agencies more accountable to the …
The Ohio Department of Insurance is investigating allegations that brokers across the state are engaging in bid-rigging and undisclosed commission arrangements with insurance companies, the Associated Press reported. The state could take action against insurance companies or brokers by early …
New York’s Republican chairman called on state Attorney General Eliot Spitzer to return a $25,000 campaign donation from a former top executive of a company his office had investigated. The donation from Richard Ferrucci, a former senior vice president of …
Federal securities and justice department officials and lawyers from the office of New York Attorney General Eliot Spitzer, who are pursuing parallel investigations of the insurance industry, have made separate deals with witnesses that harm the other’s cases and have …
Now that New York Attorney General Eliot Spitzer is done with the insurance industry, he has set his sight on a larger problem–spyware. Spitzer filed a lawsuit against Intermix Media of Los Angeles due to its activities of secretly installing …
While insurance companies are calling upon state officials to coordinate their responses to the various brokerage compensation and other inquiries, independent insurance agents are worried about how the insurers themselves are responding to the pressure for disclosure of agent and …
MASSACHUSETTS Marsh Clients Urged to Hold Off: Massachusetts insurance customers of insurance broker Marsh & McLennan are being urged to hold off on agreeing to the broker’s proposed settlement by the state’s attorney general. Attorney General Tom Reilly has mailed …
While insurance companies are calling upon state officials to coordinate their responses to the various brokerage compensation and other inquiries, independent insurance agents are worried about how the insurers themselves are responding to the pressure for disclosure of agent and …
