State officials said they have fined Marsh insurance brokerage $75,000 for overcharging 22 Oregon public entities more than $1.4 million in commissions over a five year period.
The announcement was made by the Oregon Department of Consumer Business and Services (DCBS). The state's Department of Insurance is part of DCBS.
The overcharges, which ran from 1999 to 2004, involved school districts, colleges, counties, cities and public agencies, according to the insurance department.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
