Settlement reached with St. Paul Travelers Insurance Company   Send a link to a friend

Investigation uncovered unlawful bid-rigging scheme

Illinois to receive $8 million payment

[AUG. 2, 2006]  News release from the Illinois attorney general:

(From file dated Aug. 1)

Chicago – Illinois Attorney General Lisa Madigan, New York Attorney General Eliot Spitzer and Connecticut Attorney General Richard Blumenthal today announced a $77 million settlement agreement has been reached with one of the nation’s largest property casualty insurers over charges of bid-rigging, steering of insurance business and accounting misconduct. ... [Full story]

< Top Stories index

Back to top