Insurance Chief Quits in Inquiry Led by Spitzer
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The chief executive and chairman of the Marsh &amp; McLennan Companies, the world&#39;s biggest broker of insurance, resigned yesterday, less than two weeks after his company was accused of cheating customers.
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NEW YORK - Marsh and McLennan chief executive Jeffrey Greenberg has resigned, 11 days after New York Attorney-General Eliot Spitzer accused the company of rigging insurance prices and taking kickbacks.
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The chief executive of the world's fifth-largest airline, NorthWest Airlines, has resigned to take over at a healthcare insurer.
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Medicare and Medicaid chief Dr. Mark McClellan said Tuesday he is resigning and will likely go work for a think tank.
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Ace Ltd., a property and casualty insurer led by Evan Greenberg, fired two employees and suspended three others during an internal probe into bid rigging prompted by charges from state Attorney General Eliot Spitzer.
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The chief executive of the UK&#39;s largest insurance broker quit yesterday after announcing a surprise profit warning which sent its shares to a four-year low.
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A FORMER mentor to Eliot Spitzer replaced Jeffrey Greenberg as chief executive of Marsh &amp; McLennan last night, as the embattled insurance group made its first move towards settling a lawsuit with the New York Attorney-General.
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New York Attorney General Eliot Spitzer has broadened his probe into insurance brokerage fees to include life and health insurance company practices.
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Jeffrey Greenberg, the embattled CEO of Marsh &amp; McLennan, resigned yesterday, another scalp taken by New York Attorney General Elliot Spitzer.
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ACE Ltd., a Bermuda-based insurance company, announced on Thursday that it had terminated two executives and suspended three more unnamed employees in the wake of New York Attorney General Eliot Spitzerâs probe into the bid-rigging practices in the
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Marsh & McLennan Companies, the insurance broker, said it would replace its embattled chief executive, Michael G. Cherkasky.
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NEW YORK - Marsh &amp; McLennan Cos. Chairman and Chief Executive Jeffrey Greenberg has resigned, the Wall Street Journalâs online edition said on Monday, citing an unnamed person familiar with the matter.
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The leader of New York's elite securities fraud prosecution team is leaving to pursue opportunities in private practice, government officials announced yesterday.
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Israel's police chief resigns after a government commission says he should go over alleged misconduct.
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Wellpoint Inc.  on Thursday said its chief financial officer, David Colby, resigned after an investigation revealed that he violated the health insurer's code of conduct.
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In the four days since New York Attorney General Eliot L. Spitzer alleged that brokers and corporate insurance carriers were engaged in bid-rigging and secret payoffs, three big industry players have dropped the commissions that Spitzer blamed for the problems.
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Ford Motor Co.  on Friday said  Robert Rubin, a member of the Office of the Chairman of  Citigroup Inc. , has resigned from Ford's board of  directors.