Connecticut Supreme Court Allows State’s Damages Suit against Marsh

By | April 10, 2008

  • April 10, 2008 at 9:40 am
    jimmy says:
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    man, article after article, nothing but industry-protecting comments. Either you’re just one person trying to drum up some internet conversation – or you guys/girls are deep down lost. Hey, try this – totally new concept – forget about maximizing profits for 5 years and just trying to do the RIGHT THING. If three companies did this they would immediately gain 90+% of the market share. And, people would actually think well of you. best of luck to all of you.

  • April 10, 2008 at 12:22 pm
    Excess says:
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    So sayeth the risk manager…is there a potential excess liability or a contingent one? Who is at liberty to comment further or should there be risk avoidance until the retention challenge becomes too big to escape for new captives caught in the net? The windy city does not sleep but warns of risks you take at your own peril.

  • April 10, 2008 at 12:31 pm
    Wiley says:
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    Lets hope this Attorney General is more attuned to the public trust issue then New York’s was.

  • April 10, 2008 at 1:37 am
    Mongoose says:
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    If the Ct A.G. wants to sue for M&M harming their economy, then perhaps they should file suit against the current administration for what they did to the economy.

    2nd-what proof of hurting their eceonmy do they have and will it stand up to examination in court?

    What a world.

  • April 10, 2008 at 3:05 am
    akbar says:
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    so now it’s Blummie
    maybe he should link-up with Spitzer
    they can call themselves “the simp & the blimp”
    ct which portends intelligence etal vs the other 49 states, follows a *****-mongers’ “edict
    give us all a break, Richie !!!

  • April 11, 2008 at 8:05 am
    cletus says:
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    Jimmy, you must be a very naive person.

  • April 11, 2008 at 9:24 am
    HD says:
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    Food for thought. Economy was doing well once we recovered from 9/ll; and when did it start going down hill? When the democrats took over congress.

  • April 11, 2008 at 11:22 am
    lastbat says:
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    Even the books that recommend doing the “right thing” also recognize that you can’t do anything if you don’t make a profit.

    So if Jimmy is recommending that companies attempt to make doing the “right thing” their way of making a profit then he’s on a good track. If he’s recommending forgetting about profits entirely then he’s off the reservation. Walt Disney knew that making wholesome family entertainment was the “right thing”, but he also knew that he had to make it profitable.

    So Jimmy, which is it?

  • April 11, 2008 at 1:19 am
    call it the way it is. says:
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    You collude and you bribe so the the insured does not get the best deal and then don’t understand how there are economic damages?

    The only issue is how much additional premium the collusion cost the insured.

    Since this extra cost is passed onto the consumer we all pay. Kind of naive to track it to one state but we all paid more so that some lying bag of feces that worked for Marsh could make some extra cash.

    A better solution would be to kick them out the state. They are scum and little would be lost by the demise of them and their ilk.

  • April 11, 2008 at 1:27 am
    Ferdinand says:
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    Let them write all the business they want in the other 49 states! Any account that has CT exposure has to go elsewhere. Simple but effective.

    CT- go for it. Pull the license.

  • April 11, 2008 at 1:53 am
    jimmy says:
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    insightful observation cletus. What you don’t understand is the number of industries where Best Practices has actually shown to maximize profits. But you’re in constant defensive mode so anyone who suggests something other than the status quo is minimized in some manner. It’s ok cletus – I have two homes, over 1000 employees who love their work, happy marriage, and three great kids. What you got Mr. Cletus? I imagine a corner on transcendent wisdom no doubt.



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