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Aon Amends Fee Settlement Agreement

Aon Corp. said it has obtained a green light from five government agencies in three states to amend its settlement agreement so that the brokerage could accept contingent commissions on its managing g

By Mark E. Ruquet | Updated on September 08, 2006

Aon Corp. said it has obtained a green light from five government agencies in three states to amend its settlement agreement so that the brokerage could accept contingent commissions on its managing general agency business.

The Chicago-based broker said late yesterday it had entered into the amendment agreement with the attorneys general of New York, Illinois and Connecticut as well as the insurance departments of New York and Illinois.

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