Medford, Massachusetts trial lawyer Robert Bonsignore has filed a class action suit in U.S. District Court in Boston accusing insurance broker Marsh and several insurers of price-fixing and consumer fraud. The suit targets Ace Insurance Co., American International Group, MetLife and Hartford Financial Services for allegedly paying kickbacks for business to Marsh. Bonsignore accused the insurance industry leaders of claiming a “litigation crisis” and blaming victims of accidents and malpractice when in fact “they were the ones harming consumers and causing rates to go up through unscrupulous deals.”
Was this article valuable?
Here are more articles you may enjoy.
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk
Baldwin Group to Buy CAC Group for About $1B in Cash and Stock
Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Launch
Brookfield Targets Global Dominance in P/C Insurance Coverage 


