The defense rested its case today at the trial of two former Marsh executives accused of steering insurance contracts to insurers in exchange for kickbacks in the form of contingent commissions.
Defense attorney Robert J. Cleary said the prosecution concluded its cross examination today of its expert witness Jeffrey G. McKinley, president of Risk Management Strategies of Stinson Beach, Calif.
He was called to the stand last week by the defense to describe the challenges inherent in the procurement of excess casualty insurance and to discuss how contingent commissions are contracted and distributed in the insurance industry.
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