The Spitzer enquiry has spread to the US East Coast with the announcement that California attorney general Bill Lockyer has launched investigations into bid rigging by California-based insurers and brokers.
In a statement released on Friday Lockyer said: "Businesses cannot conspire to give themselves an unfair advantage over competitors or harm consumers by keeping prices artificially inflated.
“Any insurance company or broker violating these laws will be held accountable."
Lockyer is encouraging insurer and broker employees to report unlawful practices in their companies. A whistle blower telephone line and email account has been set up.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
