Search
 

MMC Settles With D.C. Attorney General

Washington--The Washington, D.C. attorney general said Marsh & McLennan Companies Inc. has agreed to be monitored by the District authorities to ensure its compliance ...

By Arthur D. Postal | Updated on February 25, 2005

Washington–The Washington, D.C. attorney general said Marsh & McLennan Companies Inc. has agreed to be monitored by the District authorities to ensure its compliance with the national business reforms it agreed to with the state of New York earlier this year.

Under a settlement agreement announced last week, D.C. Attorney General Robert Spagnoletti and his staff will have “ready access” to employees at MMC’s Marsh brokerage unit and its business records to determine “whether the company is adhering in the District to the promised reforms.”

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.