Focus now shifts to other insurers eyed by Spitzer. (cover story)

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  • Additional Information
    • Subject Terms:
      UNITED States
    • Subject Terms:
      AMERICAN International Group Inc. 044691103 AIG; MARSH Inc.
    • Abstract:
      The article reports that many U.S. insurers that are involved in a bed-rigging scheme orchestrated by broker Marsh Inc. will be under pressure to reach their own agreements following the settlement of fraud charges from American International Group Inc. (AIG) in 2006. The settlement of AIG includes funds to compensate policyholders who bought AIG excess casualty coverage through Marsh. AIG participated with Marsh in fixing bids on excess casualty renewals in return for contingent compensation from insurers.