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Violation Tracker Individual Record

Company: Marsh & McLennan Companies Inc.
Current Parent Company: Marsh & McLennan
Penalty: $69,000,000
Year: 2009
Date: February 17, 2009
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Marsh agreed to pay $69 million to settle its role in litigation alleging price-fixing of commercial insurance.
Level of Government: federal
Action Type: private litigation
Court: District of New Jersey
Civil or Criminal Case: civil
Case ID: 2:04cv5184 MDL 1663
Case Name: QLM Associates, Inc. v. Marsh & McLennan Companies, Inc. et al
Private Lawsuit Resolution Type: settlement
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: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.