State looks into alleged fraud by insurance firms: investigations focusing on possible anti-competitive activity from agents and brokers.

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State looks into alleged fraud by insurance firms: investigations focusing on possible anti-competitive activity from agents and brokers.

A longtime insurance industry practice has come into question because of two statewide investigations launched by the California Department of Insurance and Attorney General Bill Lockyer.

Charges filed in New York against Marsh & McLennan Cos., the country's largest insurance brokerage, alleging bid-rigging and...

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