Marsh & McLennan Companies Inc. said its board of directors has adopted a series of amendments to MMC's guidelines for corporate governance designed to improve the company's governance practices.

New York-based MMC is the parent company of insurance broker Marsh. MMC last year was required to create a compliance committee from its board of directors as part of a settlement amending Marsh business practices following an investigation by the New York Attorney General's Office.

MMC said its new amendments introduce the following policies:

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