NAAG Projects

Antitrust Press Release Archive

>> ASSORTED 2006 RELEASES January 2, 2006

>> FLORIDA ATTORNEY GENERAL REACHES SETTLEMENT IN GAS PRICE-FIXING SCHEME Attorney General Charlie Crist today announced that his office has reached a settlement with the former owner of Tate Enterprises, Inc., resolving allegations of involvement in a gasoline price fixing scheme. Robert Tate must pay $100,000 in civil fines, the statutory maximum amount for an individual, and must refrain from any activity that would result in non-competitive gas pricing anywhere in Florida. October 5, 2006

>> ATTORNEY GENERAL, CONSUMER PROTECTION ANNOUNCE SETTLEMENT AND MAJOR LEGAL ACTION INVOLVING PERVASIVE Attorney General Richard Blumenthal and Department of Consumer Protection (DCP) Commissioner Edwin R. Rodriguez today announced a settlement and a major lawsuit involving industry-wide illegal bid rigging... October 23, 2006

>> NEW YORK LIQUOR SUPPLIERS SETTLE PAY-TO-PLAY PROBE Attorney General Eliot Spitzer and State Liquor Authority Chairman Daniel Boyle today announced an agreement to resolve and investigation of illegal marketing practices by 15 wine and liquor suppliers. October 30, 2006

>> TEXAS ATTORNEY GENERAL FINALIZES INSURANCE BID RIGGING SETTLEMENT WITH COMPANY Texas Attorney General Greg Abbott today announced Texas and 10 other states have reached agreed final judgments with one of the world?s largest insurers, requiring the company to implement a variety of business reforms and refund $9 million to Texas commercial policyholders as part of an antitrust settlement initiated last March. December 4, 2006

>> CRIST, GALLAGHER ANNOUNCE $5.8 MILLION SETTLEMENT TO MULTIPLE CITIES AND COUNTIES BY BROWN & BROWN Tom Gallagher, Florida's chief financial officer, Charlie Crist, Florida's Attorney General and Governor-elect, and Insurance Commissioner Kevin McCarty today announced that Brown & Brown, Inc. has agreed to reimburse up to 400 cities and counties in Florida... December 8, 2006

>> SPITZER, PRUDENTIAL SETTLE FRAUD AND ANTITRUST ALLEGATIONS Attorney General Eliot Spitzer today announced an agreement with Prudential Insurance Company of America, the second largest group life insurer in the nation, settling allegations ofdeceptive and anti-competitive practices in the sale of group insurance products to employersthroughout the United States. December 12, 2006

>> STATE SUES WELLS FARGO AND ACORDIA FOR FRAUD Attorney General Eliot Spitzer today sued insurance brokerage firm Acordia, Inc. and it's parent company, Wells Fargo Bank, N.A., for steering their customers to insurance companies that paid for the business with undisclosed kickbacks. December 19, 2006

>> ATTORNEY GENERAL SUES INSURANCE BROKER FOR STEERING BUSINESS IN RETURN FOR MILLIONS OF DOLLARS IN SE Attorney General Richard Blumenthal today sued one of the nation's largest insurance brokerage firms, Acordia, Inc., for allegedly steering customers to selected insurers in return for millions of dollars in secret payments. December 19, 2006

>> ACORDIA SUED IN FRAUD INVESTIGATION Attorney General Lisa Madigan today filed a lawsuit in the fifth largest insurance brokerage company in the United States... December 19, 2006

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