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Company: Aon Corporation
Current Parent Company:
Aon
Parent at the Time of the Penalty Announcement:
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Penalty: $190,000,000
Year: 2005
Date: March 4, 2005
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: fraud
Mega-Scandal:
Price Fixing
Violation Description: Aon Corporation agreed to provide $190 million in customer restitution to resolve multistate litigation alleging it engaged in fraud and anti-competitive practices.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: Ireland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.