Three Insurer Execs Plead Guilty In Fee Probe Two from AIG, one from ACE put on leave; AG Spitzer expects cooperation
Three executives who pled guilty to charges resulting from New York Attorney General Eliot Spitzers insurance brokerage kickback probe remain on the payrolls of their respective companies, the heads of the two carriers involved confirmed last week.
Two of the executivesKaren Radke, vice president of excess casualty, and National Accounts Manager Jean-Baptist Tateossian, both with the AIG subsidiary American Home Insurance Company in New Yorkhave each pled guilty to one count of scheming to defraud in the first degree.
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