Word: broker
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...INDICATORS Take Cover New York State attorney general Eliot Spitzer sued San Diego-based insurance broker Universal Life Resources, claiming it steered business to insurers in exchange for improper payoffs that pumped up the cost of individuals' premiums. Fallout from a similar claim filed last month against Marsh & McLennan pushed the U.S. broker to cut 5% of its workforce after third-quarter profits plunged...
...have not talked about the content of that meeting and certainly do not intend to start now,” Summers said in Oct. 2002. But he has said that he made efforts to broker peace with West before his departure and convince him to stay at Harvard...
...Behind the scenes, the new U.S. Administration should help broker a settlement between India and Pakistan over the disputed Himalayan territory of Kashmir, says Riffat Hussain, professor of security studies at Islamabad's Quaid-e-Azam University. That would defuse tension between these two nuclear-armed enemies. A partial settlement over Kashmir could be one major surprise in the offing. Musharraf has suggested dropping Pakistan's insistence that a referendum be held among Kashmiris to choose whether they want the territory to belong to India or Pakistan. But President Bush will also have to decide whether to push Musharraf into...
...child of Don Rickles and Don Corleone. "There's a lot of attention on us because we have been king of the hill for the last decade. But we are exactly where we thought we would be," says Zucker. A master salesman whose ability to massage stars' egos and broker deals with talent is legendary, Zucker takes a decidedly glass-half-full view of NBC's current stumbles. The hits of his competitors, he insists, are proof that the rumors of network television's demise are greatly exaggerated...
Eliot Spitzer received an anonymous letter last March that made for intriguing reading. The message suggested that the New York attorney general poke around Marsh & McLennan, the U.S.'s largest insurance broker and a firm Spitzer had tangled with in earlier financial- industry investigations. This time Spitzer asked Marsh about its practice of receiving "contingent commissions" from insurance companies, a controversial type of payment. That's when things started to get nasty. Spitzer says the more he probed, the more Marsh misled and "fed us the same foolishness they've been feeding the public over the years." He felt that...