A Collaboration with the University of Pittsburgh

Spitzer warns Senate committee of further insurance company investigations

[JURIST] New York Attorney General Eliot Spitzer, who launched an investigation into insurance companies including Marsh & McLennan, told the Senate Governmental Affairs Committee Tuesday that more criminal pleas related to bad practices are coming. Spitzer is urging Congress to take a stronger look at the insurance industry. Connecticut Attorney General Richard Blumenthal told the committee that state insurance laws should be redone to combat fraud, illegal steering and bid-rigging and that whatever legislation Congress proposes should not weaken state regulation. Insurance companies are in support of legislation which would create a uniform standard for the entire industry. View the Senate Governmental Affairs Committee hearing information here. Read a transcript of Spitzer's testimony to the committee here [PDF]. AP has more.

About Paper Chase

Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

© Copyright JURIST Legal News and Research Services, Inc., 2013.