Two Marsh brokerage employees and an underwriter at ZurichAmerican Insurance pleaded guilty yesterday in New York CriminalCourt to felony charges related to commercial insurance bidrigging.
Court documents revealed that among the evidence compiledagainst them by the New York Attorney General's Office was ane-mail from a broker asking an underwriter to provide a "fake"quote.
The three who pleaded are the latest persons charged in New YorkAttorney General Eliot Spitzer's ongoing investigation of theinsurance industry and bring to six the number of executives andother staff at Marsh who have admitted to participating inbid-rigging activity.
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