Quinn bidder settles rigging claims case

Liberty Mutual, the preferred bidder for Quinn Insurance, is paying $7.5 million in settlements to two US states after allegations that it rigged bids and paid agents to get business.

23rd April, 2011
Quinn bidder settles rigging claims case
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Liberty Mutual, the preferred bidder for Quinn Insurance, is paying $7.5 million in settlements to two US states after allegations that it rigged bids and paid agents to get business.

The settlements were agreed in January after a legal action that was started in 2006 by former New York attorney general Eliot Spitzer and Connecticut attorney general Richard Blumenthal. Liberty Mutual did not admit wrongdoing as part of its settlement, which involves paying $5.5 million to...

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