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Violation Tracker Individual Record

Company: Marsh and McLennan
Current Parent Company: Marsh & McLennan
Penalty: $7,000,000
Year: 2009
Date: January 5, 2009
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Marsh and McLennan Companies, Inc. agreed to pay $7 million to settle multistate bid-rigging litigation alleging that Marsh engaged in anticompetitive conduct in the market for commercial liability insurance.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: Attorney General Martha Coakley Reaches Agreement with Insurance Brokerage Firm Marsh and McLennan, States News Service, January 5, 2009 (via Nexis).
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.