In re Insurance Brokerage Antitrust Litigation

April 15, 2014

Zwerling Schachter was a member of the Steering Committee for plaintiffs in a class action lawsuit alleging that brokers and insurers engaged in an insurance brokerage scheme involving the receipt of undisclosed payments or kickbacks from insurance carriers, steering insurance policyholders to carriers paying the most in “contingent commissions,” and rigging bids for insurance policies to the detriment of insurance policyholders.  Settlements totaling over $300 million were obtained.