NY AG to Sue Insurers for Manipulation
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New York Attorney General Eliot  Spitzer is launching a suit against several prominent  participants in the insurance industry, including AIG and  broker Marsh & McLennan Cos. MMC.N, charging they engaged in  market manipulation, Spitzer's office said.
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New York Attorney General Eliot Spitzer, who last month launched a probe into bid rigging in the insurance industry, said on Friday he would prefer to see the industry&#39;s
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Attorney General Andrew Cuomo of New York said that he is conducting an investigation of health insurers into allegations that reimbursement rates were manipulated to defraud consumers.
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NEW YORK - New York Attorney General Eliot Spitzer, who is probing bid-rigging in the insurance industry, expects to file suit against health insurance consultant Universal Life Resources as early as Friday, a spokesman for his office said.
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Investigators for the New York attorney general have discovered evidence of deceptive and coercive practices at Aon, the world's second-largest broker of insurance.
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The New York attorney general's investigation into abuses in the insurance industry escalated with a lawsuit accusing a California broker of fraudulent practices.
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New York Attorney General Eliot Spitzer has sued Marsh, alleging that the world&#39;s largest insurance broker steered unsuspecting clients to insurers with whom it had lucrative payoff agreements, and that the firm solicited rigged bids for insurance
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ALBANY, NY -- New York state officials say they expect two insurance company executives to plead guilty in a corruption probe into bid-rigging in the insurance brokerage industry.
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New York Attorney General Eliot Spitzer on Friday widened his investigation of the insurance business, this time suing a broker that allegedly took kickbacks from big life insurers.
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NEW YORK : New York Attorney General Eliot Spitzer sued Thursday a major US insurance brokerage firm, Marsh and McLennan Co, for steering clients to insurers with whom it had lucrative payoff agreements.
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New York Attorney General Eliot Spitzer on Friday filed suit against Universal Life Resources (ULR), charging the life and disability insurance broker with taking fraudulent kick-backs for steering business to certain insurers.
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A California-based company that brokers life, accident and disability policies for leading US companies pocketed millions of dollars a year in hidden payments from insurers and from charges on clients&#39; unsuspecting workers, New York Attorney General Eliot
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NEW YORK, October 20  - The New York Attorney General&#39;s Office has widened its investigation into the practices of insurance brokerage fees in the insurance industry, including the practices prevalent among the life and health insurance
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NU Online News Service, Dec. 7, 9:53 am EDTâTwo insurance carriers have announced that New York Attorney General Eliot Spitzer has subpoenaed them for information about professional liability insurance for law firms.
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The world&#39;s largest insurer by market value is the target of a criminal investigation by the US Justice Department. American International (AIG) is accused of helping a banking client commit fraud and keep
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ALBANY, NY -- The man who made Wall Street reform its ways is now charging widespread corruption in the insurance industry. He alleged that brokers have been taking payoffs from insurance companies to steer
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New York Attorney General Eliot Spitzer on Thursday filed a civil action against Marsh &amp; McLennan, saying generally the overall industry was involved in bid rigging and steering the clients to other companies in return for illegal payments.