Are Your Incentive Programs at Risk?

Bassett, Michael
September 2006
Financial & Insurance Meetings;Sep/Oct2006, Vol. 42 Issue 5, p33
Trade Publication
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.


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