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October 2004/5
  • New York insurance commissioner cites MMC over alleged PSA abuses
    New York’s Superintendent of insurance, Greg Serio, revealed that his department has issued citations to MMC, Marsh Global Broking – Marsh’s market facing unit which arrangement Placement Service Agreements with insurers – and more than ten Marsh subsidia
    25 October 2004
  • MMC chief set to be ousted
    Jeffrey Greenberg, the chief executive of MMC, has tendered his resignation in response to the crisis which has enveloped his company following allegations of corrupt trading practices by the combative New York attorney-general Eliot Spitzer, Insider Week
    25 October 2004
  • Garamendi to file fresh law suits over contingent commissions; investigations widen
    California’s insurance commissioner John Garamendi is set to follow NY attorney-general Eliot Spitzer by filing civil complaints this week.
    25 October 2004
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