Briefly
From Associated Press
Ace Ltd. on Thursday became the latest insurance company to announce changes in its business practices in response to the industry probe launched by New York’s attorney general.
The Hamilton, Bermuda-based company also disclosed in a statement that it had fired two employees, including Ace Casualty Risk President Geoffrey Gregory, and suspended three others.
The other Ace employee dismissed was Patricia Abrams, who last month entered a guilty plea to criminal misdemeanor charges of bid rigging.
