Conn. AG Subpoenas U.S.I. Holdings Corp.

U.S.I. Holdings Corp. (Nasdaq: USIH) on Wednesday announced that the Office of the Attorney General of the State of Connecticut has subpoenaed the company, requesting documents and seeking information as part of an industry-wide investigation relating to pricing and placement of insurance.

USI said it is in the process of reviewing the subpoena and plans to cooperate fully with the Attorney General’s requests.

USI is a distributor of insurance and financial products and services to businesses throughout the United States and operates out of 59 offices in 19 states.

Latest Comments

• October 28, 2004 at 6:17 am

  Jim Howse says:

  I think the wholesale cheating at the highest levels of American business sucks. From Ken Lay to Martha and down the line, big bosses need to understand that the character of ... read more
• October 28, 2004 at 3:00 am

  Jack Mehoffer says:

  I find it a real problem when government officials start dictating the firing of a CEO, such as J. Greenberg at MMC.
• October 28, 2004 at 2:24 am

  Richard Hertz says:

  Anyone else think this is starting to get ridiculous?