U.S.I. Holdings Corp. Targeted in Class Action Suit

U.S.I. Holdings Corporation reported on Thursday that the company has been named in a class action suit filed in New York on behalf a client of a Marsh & McLennan subsidiary against the 10 largest U.S. insurance brokers and four of the largest commercial insurers relating to the pricing and placement of insurance. USI is in the process of reviewing the complaint.

The company said it intends to defend vigorously against the allegations made against it.

Latest Comments

• November 4, 2005 at 12:16 pm

  Anon says:

  >now i won\'t feel so bad about having them pay their employees $5K to recruit my employees. Maybe you should give your employees their fair share of their hard work. Good wor... read more
• October 27, 2004 at 12:37 pm

  Former Zurich Employee says:

  I hope the AG looks into USI's "partner" companies (i.e. Zurich, Hartford)who had space in their Westchester County, NY office. Mmm., I wonder what that was all about.
• October 27, 2004 at 10:37 am

  Former USI Employee says:

  Anything that happens to USI comes at their own hand. They treat their employees (That is other than the producers) like leaks in the payroll. No one with any common sence w... read more