Marsh & McLennan has a Corporate Governance Quotient of 2.1 out of a possible 100, according to Institutional Shareholder Services' rating scale. "Marsh's governance structure and practices rank in the bottom decile of the S&P 500 index," according to Cheryl Gustitus, ISS senior vice president-communications, marketing. "The company's rating of 28.8 relative to their peers in the insurance group also places them very low on the scale in their industry peer group."
"The CGQ rates corporate governance based on a company's governance structure and practices," according to an ISS statement. ISS highlighted the company's rating in light of charges made Oct. 14 by New York Attorney General Eliot Spitzer that the company's insurance brokerage arm engaged in price fixing and collusion.