States, DC Join In Insurer Probes
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Insurance commissioners nationwide, including those from Virginia, Maryland and the District, waded into the growing industry scandal yesterday, holding a teleconference to coordinate
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New York Attorney General Eliot  Spitzer's probe of bid-rigging in the U.S. insurance industry  is quickly becoming national in scope as at least three more  states opened similar investigations.
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By James Daley in London and Katherine Griffiths in New York. The UK regulator for the insurance industry has said it attempted to launch investigations into several of its member firms earlier this year, after
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New York Attorney General Andrew Cuomo said on Wednesday he is conducting an industry- wide probe of health insurers into an alleged scheme to defraud consumers by manipulating reimbursement rates.
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Florida Attorney General Charlie Crist on Tuesday issued subpoenas to 11 insurance companies as part of an ongoing investigation into the business practices of the insurance industry.
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Insurance giant American International Group Inc. on Wednesday said its financial products unit is being investigated by the Department of Justice over possible violations of securities laws.
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The Director of the Arizona Department of Insurance, Christina Urias, is joining insurance regulators in other states to review allegations of bid-rigging and price-fixing between insurance brokers and insurance companies.
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New York&#39;s attorney general has broadened his insurance-brokerage probe into life and health insurance, investigating whether brokers have taken payoffs to steer business
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Already reeling from Attorney General Eliot Spitzer&#39;s no-holds-barred probe, insurers can now look forward to dozens of additional investigators from their state regulator giving their books a once over.
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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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The City watchdog asks insurers and brokers to inform on firms that they think are committing fraud.
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U.S. prosecutors have asked Dutch insurance company Aegon NV to provide information in an investigation into insurance fraud, the company said Thursday.
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The Massachusetts attorney general's office is expanding its investigation into the lucrative commissions insurers pay brokers and consultants who promote their products, saying some of them may have violated their contracts with cities and towns.
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THE REGION State regulators heard testimony again on a new system for apportioning among automobile insurers those drivers that no company wants to cover voluntarily. The so-called assigned-risk plan was put in place at the end of the Romney administration, but Governor Deval Patrick put it on hold so a study group appointed by his administration could review it. The ...
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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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New York and Connecticut officials say they are investigating whether improper behavior by insurance firms has been a factor in the rapidly rising cost of malpractice insurance for lawyers and doctors.
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Attorney General Bill Lockyer announced he has launched a formal investigation into possible antitrust violations and fraud by insurance companies and brokers, and said the probe&#39;s initial focus will be on bid-rigging and other anti-competitive conduct in