marsh and mclennan

Legal Briefing: Bid-Rigging Convictions Overturned

Two Marsh & McLellan executives who were convicted in an insurance industry bid-rigging case saw their convictions overturned Wednesday because the New York Attorney General's office failed to turn over 700,000 documents, including exculpatory and impeaching evidence.

Insurers Will Hike Hedge Fund Holdings in 2010

Insurance companies cut their hedge fund allocations in 2009, but the sting of the financial crisis will wear off next year, when we're likely to see the industry turn back to the sector.