The New York Attorney General's 2004 insurance investigation revealed compelling evidence pointing to the widespread practice of bid rigging and other improper transactions perpetrated by ACE, AIG, and Marsh, among others. ACE avoided a trial by paying a large settlement, agreeing to significantly change its business practices, and the company issued a formal apology to consumers who had been victimized.
ACE American Reinsurance Company
Principal Office:
- ,
- Province:
- Alabama
- Country:
- United States
Notes:
Sold to Randall and Quilter Investment Ltd, a London based international insurance management firm in August of 2006
Closed Complaints
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