Ohio Enters into $7M Settlement Agreement with Zurich

Attorney General Jim Petro and Ohio Department of Insurance Director Ann Womer Benjamin announced that they have reached a settlement with Zurich American Insurance Co., resolving allegations that the company conspired with other insurers and insurance broker Marsh & McLennan to eliminate competition, mislead customers and inflate premiums paid for commercial casualty insurance policies in Ohio, all violations of Ohio's antitrust and insurance laws.

Ohio Enters into $7M Settlement Agreement with Zurich
Source: Insurance Journal
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