Marsh-Spitzer duo face appeal uncertainty
Although the ghost of Spitzer has been vanquished, US regulatory authorities are not entirely willing to forget the legacy of the former New York attorney general's 2004-05 investigations into the US property and casualty (P&C) industry.
Last month Aon formally announced that it was returning to contingent commissions - the practice that was banned by Spitzer (see page 8). However, in the same month the office of the New York attorney general (NYAG) Andrew Cuomo filed a notice to appeal...
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