Antitrust
Emily Myers, Project Counsel
NAAG Projects
Attorney General Abbott Settles Bid-Rigging Charges With Insurance Carrier AIG
January 29, 2008
Texas Attorney General Greg Abbott today a bid-rigging investigation with insurance carrier American International Group Inc. (AIG). Under the agreement, the company must end its invovement in a bid-rigging scheme engineered by broker Marsh & McLennan and pay $12.5 million to nine states and the District of Columbia. Texas more than $3.7 million under the settlement.
