Search Results

Another chapter has closed on the contingent commission kickback saga with an agreement reached between nine insurers and insurance brokers and clients who alleged the industry tried to manipulate the business.

Building on a current strength, Risk Placement Services Inc. (RPS) aims to give agent and broker clients more local access to its broad array of product offerings in 2011, according to the leader of the nationwide specialty brokerage.

The New York attorney general has withdrawn charges against two Marsh executives who recently won an appeal of their conviction on felony monopoly charges for accepting contingent commission kickbacks.

Maurice “Hank” Greenberg, formerly the chief executive of American International Group Inc. (AIG), could go on trial in May for his alleged role in a sham reinsurance transaction with Gen Re Corp.

The New York attorney general has withdrawn charges against two Marsh executives who recently won an appeal of their conviction on felony monopoly charges for accepting contingent commission kickbacks.

Liberty Mutual reached an agreement with two state attorneys general to pay a total of $7.5 million to settle allegations it engaged in a bid-rigging and kickback scheme with insurance brokers.

Liberty Mutual reached an agreement with two state attorneys general to pay a total of $7.5 million to settle allegations it engaged in a bid-rigging and kickback scheme with insurance brokers.

Liberty Mutual reached an agreement with two state attorneys general to pay a total of $7.5 million to settle allegations it engaged in a bid-rigging and kickback scheme with insurance brokers.