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Zurich Settles with Conn., Ill. and N.Y. officials for $153

 
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PostPosted: Mon Mar 27, 2006 12:27 pm    Post subject: Zurich Settles with Conn., Ill. and N.Y. officials for $153 Reply with quote

Zurich Financial Services Group has reached a $153 million settlement with the attorneys general of New York, Connecticut and Illinois to settle charges relating to bid-rigging an account steering charges initiated by New York authorities.

In addition, Zurich has reached a parallel settlement with the New York insurance department.

Today's settlement is in addition to the $171 million multi-state settlement Zurich announced last week.

See full story:
http://www.insurancejournal.com/news/national/2006/03/27/66810.htm
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