Aon Corp. said it will again accept contingent commissions, a type of insurance-broker fee that was at the center of a major investigation and that resulted in billions of dollars in restitution. Get the full story »
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Aon may resume taking broker fees
From Bloomberg | Aon Corp., the world’s biggest insurance broker, said it may resume taking payments that were banned for five years under a 2005 settlement with Eliot Spitzer, then the attorney general of New York.
Aon Manchester United jersey unveiled in Chicago
The new Manchester United home jersey featuring the logo of Chicago-based Aon Corp. was revealed last night at an event at Chicago’s Niketown store on Michigan Avenue.
“The Manchester United shirt is an iconic image in the world of sport, and we are honored to appear on it,” said Greg Case, president and chief executive officer of Aon. “Starting today millions of people worldwide will begin to know yet another leading team: Aon.” Get the full story »
Aon agrees to buy Hewitt Associates
By Bruce Japsen and Becky Yerak | After talking for a “reasonably long period of time,” Aon Corp. is taking over Hewitt Associates for $4.9 billion in cash and stock to expand its offerings to global employers navigating the complexities of health care reform and employee benefits.
The announcement Monday has pushed stock in the stock in the Chicago-based insurance brokerage and consulting firm down 7 percent in in late-afternoon trading. Get the full story »