New York Attorney General Eliot Spitzer announced the indictment today of eight Marsh Inc. insurance brokers on charges of bid rigging and defrauding clients.

All eight pleaded not guilty at their arraignment.

Mr. Spitzer's action came after reaching a civil settlement with Marsh parent Marsh & McLennan Companies and securing pleas from six other Marsh executives who pleaded guilty to felony and misdemeanor charges.

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