NU Online News Service, Feb. 1, 11:46 a.m. EST
Reinsurance broker Guy Carpenter will pay Connecticut $4.25 million to settle anti-trust allegations brought by the state’s attorney general, as both sides declared victory in a lawsuit going back to 2007.
Connecticut Attorney General George Jepsen announced the settlement yesterday, stating that it resolves claims that Guy Carpenter illegally inflated insurance and reinsurance costs nationally through “a series of conspiracies.”
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