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By Arthur D. Postal |
March 9, 2012
The Consumer Financial Protection Bureau will propose regulations this year imposing strict limits on force-placed insurance for homeowners, bringing it to a level that an industry expert says it should not be.
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By Mark E. Ruquet, PropertyCasualty360.com |
October 4, 2010
Marsh & McLennan Companies has agreed to pay Ohio $4.75 million to settle an antitrust lawsuit.
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By Mark E. Ruquet, PropertyCasualty360.com |
September 28, 2010
Marsh & McLennan Companies agreed to pay Ohio $4.75 million to settle an antitrust lawsuit stemming from allegations that the company's insurance brokerage firm engaged in a bid-rigging and kickback scheme in return for lucrative contingent commissions.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 26, 2010
AIG agreed to pay $725 million to Ohio and Florida public pension plan funds in a securities class-action settlement to resolve bid-rigging allegations that the funds said had negatively impacted the company's value.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 19, 2010
American International Group agreed to pay $725 million to Ohio and Florida public pension plan funds in a securities class-action settlement to resolve bid-rigging allegations that the funds said occurred up to 2005.