Plaintiff state originially sued insurance carrier ACE, alleging kickbacks from ACE to Marsh. See In the Matter of ACE Ltd. and ACE Group Holdings, Inc. The state later expanded the lawsuit against Marsh, alleging that, when Marsh customers wanted to purchase insurance or renew insurance they already had, Marsh brokers frequently decided which insurer should be given the business and at what price. Marsh’s quote for insurance was typically a substantial increase — as much as 15 to 20 percent — over the previous year’s price.
The settlement provides money to Connecticut taxpayers to settle charges that Marsh coerced insurers into secret payments for access to insurance placements. The kickback costs were included in higher insurance premiums for Connecticut businesses, government entities, and non-profits. The court’s decision allowed the attorney general to recover for damages to the general economy of the state.