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Marsh's insurance brokering and risk management business began in the first decade of the twentieth century, when it was formed by Henry Marsh and Donald McLennan with operations in New York City and Chicago, where McLennan had studied railroad risk and insurance needs by spending 30 days riding the rails. [4]
In a lawsuit, Eliot Spitzer, then New York State’s attorney general, accused Marsh of not serving as an unbiased broker, leading to increased costs for clients and higher revenues for Marsh. In early 2005, Marsh agreed to pay $850 million to settle the lawsuit and compensate clients whose commercial insurance it arranged from 2001 to 2004. [43]
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Marsh, a global leader in insurance broking and risk management, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future ...
Samantha Cassetty, a registered dietitian based in New York City and the co-author of “Sugar Shock,” tells TODAY that there’s no scientific evidence to support the health claims made by the ...
In this Commercial Division Update, Thomas J. Hall and Judith A. Archer write: '1545 Ocean Ave.' and its progeny have clarified the requirements for satisfying the “not reasonably practicable ...
The company was founded in 1845 in New York as Jones & Johnson by Walter Restored Jones, Jr. and Henry Ward Johnson. [1] In 1854, the company was renamed when A. Foster Higgins replaced Jones who left to do business on his own. [1] By 1900, the company had offices in 8 cities and had 75 employees. [1]
Peter Zaffino (born 1967) [1] is an American insurance industry executive. [2] [3] He is the chairman and CEO of the American International Group (AIG).[4] [5]Zaffino joined AIG in August 2017 as executive vice president and global chief operating officer. [6]