Aon

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Aon to again accept controversial broker fees

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 »

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

Aon CEO Greg Case shakes hands with Manchester United team manager Alex Ferguson after they unveiled the team's new uniform in Chicago. (AP)

Aon CEO Greg Case shakes hands with Manchester United manager Alex Ferguson after they unveiled the teams new uniform in Chicago. (AP)

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 »

Ratings service cuts Aon after Hewitt deal

An RBC Capital Markets analyst lowered his rating Tuesday on insurance conglomerate Aon Corp., saying earnings growth from its planned acquisition of human resources specialist Hewitt Associates for $4.9 billion is far off.

Analyst Mark Dwelle cut Aon to “sector perform” from “outperform,” trimmed earnings per share estimates 2010 and 2011 and reduced the price target on shares by 13 percent, to $40. Get the full story »

Aon agrees to buy Hewitt Associates

Aon Center

Aon headquaters in Chicago. (AP)

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 »