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17 May 2012

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Digest

Marsh and AIG hit with fresh bid rigging suit

26 October 2009

In the latest chapter of the bid-rigging saga that has haunted Marsh since 2004, the broking giant and American International Group (AIG) have been served with a lawsuit by US commodity producer and distributor Seaboard Corp.

The US District Court writ, filed on 16 October, alleges business steering and bid rigging and dates back almost half a decade to when the New York attorney general at the time, Eliot Spitzer, levelled his controversial charges against the broker's parent company, MMC,...

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