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March 13, 2005
Aon Settles Class Action Lawsuit
A Cook County Circuit Court judge gave preliminary approval to a $38 million settlement of a class-action lawsuit accusing Aon Corp. of taking hidden payments from insurance companies.
The settlement occurred less than a week after the Chicago-based insurance broker agreed to pay $190 million to settle separate civil complaints brought by the attorneys general of Illinois, New York and Connecticut.
The suits described secret deals with insurers in which Aon profited at the expense of customers who may have overpaid for insurance coverage.
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Posted on March 13, 2005 10:22 PM by Class 65.
Filed in Personal Injury Resources under class action law.
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