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Tag Archives: New York

SPITZER BACKS OFF

The insurance newswires are crackling this morning. In an unexpected development, New York Attorney General Eliot Spitzer has decided not to file criminal charges against broker Marsh & McLennan (NYSE: MMC).

THE SPITZER BLITZ

New York’s fiery Attorney General Eliot Spitzer has landed another blow — this time against the insurance industry. In a lawsuit announced yesterday, Spitzer accused insurance broker Marsh & McLennan of rigging bids to inflate its own commission income at the expense of customers.

SPITZER STRIKES AGAIN

New York’s combative attorney general, Eliot Spitzer, is on the warpath again. After his billion-dollar settlement with the brokerage industry, Spitzer is now going after mutual funds that tolerate tricky practices.