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Florida’s chief financial officer slapped Marsh & McLennan Companies with a civil racketeering suit for commercial insurance bid-rigging last week, saying a previous $850 million “global” settlement did not go far enough to compensate his constituents.

The company said it would fight the action. “This complaint should never have been filed. It distorts the facts and disregards the events of the past 18 months and ignores releases signed by the State of Florida itself,” said an MMC representative, Barbara Perlmutter.

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