If You Used an Aon Company, Affiliate or Subsidiary for Insurance Services
Daniel v. Aon Class Action Settlement
What is the status of the Class Action?
On April 18, 2006 the Circuit Court of Cook County, Illinois issued an opinion
and order giving final approval of the class action settlement in Daniel v. Aon Corporation,
Case No. 99 CH 11893. Certain class members who objected to the class action settlement appealed
the Court’s order approving the settlement. The appeal process is exhausted
and the settlement is now final.
As a result, the Aon Settlement Administrator is now obligated
to pay each eligible policyholder, in full, their allocated portion of the Daniel Settlement
Fund. Commencement of such payments will begin May 3, 2010 and end on June 30, 2010.
All check amounts are final, based on a formula prepared by
Class Counsel and approved by the Court. Please note that under the terms of the
Settlement as approved by the Court, you are bound by the Release contained in the Settlement Agreement.