TITLE

Are Your Incentive Programs at Risk?

AUTHOR(S)
Bassett, Michael
PUB. DATE
September 2006
SOURCE
Financial & Insurance Meetings;Sep/Oct2006, Vol. 42 Issue 5, p33
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks at the alleged inappropriate incentive practices charged against insurance companies in the U.S. Saint Paul Travelers Cos. Inc. decided to settle with attorneys general charges of bid rigging and inappropriate incentive practices. Liberty Mutual Insurance Co. was applauded for declining to settle an anti-competitive practices suit filed against it by New York Attorney General Eliot Spitzer. Problems arise from nondisclosures of incentive compensation.
ACCESSION #
22572591

 

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