Eliot Spitzer News

Labor Department Subpoenas Marsh & McLennan Over Benefit Services; Sale of MMC Capital Progresses

In its annual report filed with the Securities and Exchange Commission, Marsh & McLennan reported that the U.S. Department of Labor last month served the firm with a subpoena seeking documents related to the company’s employee benefit plans services as …

WSJ Report: Officials Probing AIG CEO Greenberg’s Role in Reinsurance Products

Federal and state investigators are looking into a deal between American International Group Inc. and Berkshire Hathaway Inc.’s General Reinsurance unit in part because of the alleged involvement of AIG’s chairman and chief executive, The Wall Street Journal said on …

News from Worldcom, Enron and Spitzer Invades PLUS Symposium

News from Worldcom, Enron and Spitzer Invades PLUS Symposium Settlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, professional liability experts have been reminding each other recently. The real …

Commissioner Cogswell Stays the Centrist Course in Connecticut

Under Pressure from AG Blumenthal and Critics, Regulator Sticks to Consensus Approach I’m willing to meet with just about anyone to sit down and discuss issues. That’s the most effective and efficient way to uncover and deal with problems.” Well, …

Ripped from the Headlines: Law and Order in Today’s D&O

News from Worldcom, Enron and Spitzer Invades PLUS Symposium Settlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, according to professional liability experts. The real Worldcom and Enron events …

Ethics in the Age of Spitzer

You’ve read the papers and articles about New York Attorney General Eliot Spitzer’s investigation. How do you feel about the specific allegations and facts that have been revealed? If you’ve read them carefully, you probably feel sick about them. This …

Ripped from the Headlines: Law & Order in Today’s D&O

News from Worldcom, Enron and Spitzer invades PLUS Symposium. Settlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, according to professional liability experts. Recent Worldcom and Enron events have …

Agent? Or Broker? Consumer Choice Dictates Disclosure

What Eliot Spitzer has done within the insurance industry should be entered on the positive side of the ledger. While much of the follow-up has driven up expenses and slowed down the inner workings of insurance carriers, the rooting out …

Contingency Commissions and the Future of California Agents & Brokers

How the Spitzer-led investigation against broker fees inspired solutions to California’s “problems” Over the past several months, there have been numerous explanations, press releases and position papers crafted to provide many different and disparate points of view regarding the fiduciary …

Ripped from the Headlines: Law & Order in Today’s D&O

News from Worldcom, Enron and Spitzer invades PLUS Symposium Settlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, according to professional liability experts. The real Worldcom and Enron events …