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New York AG Sues Marsh Over Contingent Commissions, Cites Insurers Over Alleged Bid-Rigging

National News • October 14, 2004
New York Attorney General Eliot Spitzer on Oct. 14 sued Marsh & McLennan Companies, the nation's biggest insurance brokerage firm, alleging that it steered clients to insurers with whom it had ...

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Subject: Email Records in Law Suits - Pay Attention!

Posted On: October 15, 2004, 10:25 am CDT
Posted By: Jim Gildea
Comment:
As someone in the email management solutions field, I have some strong opinions on this case. Here they are:

**This is an excellent example of why companies need an email archiving solution that is based on well defined policies

**With a solution in place, senior management will know when these types of violations are taking place very early and can move to protect the company, shareholders, etc.

**If a solution(s) was in place at Marsh & McLennan, then managers were either not paying attention to the warning signs or in a worse case scenario, chose to ignore the data

**Having a solution in place also allows the companies who are earnestly trying to remain compliant and above board to respond to Spitzer-like inquiries and in the end will be treated better if penalties are levied

Email is here to stay, and in many cases it's considered a legally bound document. It's important to manage this right from the beginning in order to protect your organization and your customers and shareholders.
Subject Posted By Posted On
Woe to Marsh and participating underwriters! John
Oct 21, 2004, 1:17 pm
RE: Want to read Spitzer Complaint Lori
Oct 19, 2004, 10:18 am
RE: Who's Spitzer going after next? Stephanie
Oct 19, 2004, 10:11 am
Want to read Spitzer Complaint catherine reid
Oct 19, 2004, 10:03 am
Who's Spitzer going after next? Lori
Oct 19, 2004, 7:36 am
RE: RE: RE: What is Spitzer really saying? ? ? John
Oct 18, 2004, 11:08 pm
RE: RE: What is Spitzer really saying? ? ? Big Insurance
Oct 18, 2004, 5:24 pm
RE: RE: Email Records in Law Suits - Pay Attention! jsjag
Oct 18, 2004, 3:16 pm
RE: Email Records in Law Suits - Pay Attention! Jere Allan
Oct 18, 2004, 12:24 pm
RE: Email Records in Law Suits - Pay Attention! dave/upstate ny
Oct 18, 2004, 10:12 am
I've been saying it for 19 years JSJAG
Oct 18, 2004, 7:34 am
RE: RE: RE: Contingent Commissions John A Consumer
Oct 17, 2004, 11:15 pm
RE: RE: Contingent Commissions Scott
Oct 17, 2004, 10:44 am
RE: Contingent Commissions Emma
Oct 16, 2004, 3:55 pm
Contingent Commissions Louie
Oct 15, 2004, 3:25 pm
Spitzer Complaint/AIG Business Ethics JAF
Oct 15, 2004, 2:08 pm
RE: What is Spitzer really saying? ? ? Insurance Broker
Oct 15, 2004, 1:57 pm
What is Spitzer really saying? ? ? Shocked Manger
Oct 15, 2004, 1:21 pm
Anything you say can & will be used against you... Jane Logan, CPCU
Oct 15, 2004, 12:47 pm
RE: RE: Spitzer Complaint Just An Opinion
Oct 15, 2004, 12:35 pm
RE: Spitzer Complaint David W. Clifton
Oct 15, 2004, 11:22 am
Spitzer Complaint Andrew J. Barile,CPCU
Oct 15, 2004, 11:05 am
Email Records in Law Suits - Pay Attention! Jim Gildea
Oct 15, 2004, 10:25 am
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