Others Eye New York&#39;s Insurance Probe
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At least two more states are investigating charges of bid-rigging in the US insurance industry brought by New York Attorney General Eliot Spitzer last week.
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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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The New York attorney general's  nascent but expanding probe into bid-rigging on Tuesday  threatened to envelop the entire U.S. insurance industry,  unnerving investors unsure how far Eliot Spitzer might go.
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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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An investigation into insurance industry sales practices launched last week by the New York attorney general has widened to other states, and an increasing number of insurance companies have reported receiving subpoenas.
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US financial regulators have requested information from Warren Buffett&#39;s Berkshire Hathaway group as part of a probe into certain insurance products.
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New Yorkâs attorney general is looking into if insurers forced patients to overpay for out-of-network doctors.
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New York and Connecticut state officials said they are investigating whether improper behavior by insurance companies has been a factor in the rapidly rising cost of malpractice insurance for lawyers and doctors.
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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 State regulators are looking into WellCare Health Plans Inc's  activities as they relate to the state's Medicaid program, a person familiar with the investigation said on Tuesday.
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California and New York City ponder making some employers pay for insurance - or help government do it.
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The creation of a US insurance regulator is gaining support in Congress and among consumer groups after New York Attorney General Eliot Spitzer disclosed his probe of improper sales practices.
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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 the investigation and regulation of the way carriers reward brokers for sending them business.
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Berkshire Hathaway, the US conglomerate run by Warren Buffett, has been caught up in a widening investigation into alleged misuse of insurance products to manipulate company earnings.
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Insurance company CEO says no one at top knew of fraudulent activity being investigated by Spitzer. NEW YORK  - American International Group Inc.
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Not all insurance stocks are being punished for the Marsh &amp; McLennan price-fixing scandal, but the investigation is just getting rolling.
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Independent directors of Marsh & McLennan Cos. approached New York state Attorney General Eliot L. Spitzer this week about settling the corruption charges Spitzer has brought against the giant insurance broker and financial services firm, according to sources close to the investigation.