If You Used an Aon Company, Affiliate or Subsidiary for Insurance Services
from January 1, 1994 through December 31, 2004
You Could Get a Payment from a Class Action Settlement.
 

What is this Class Action About?
As previously outlined in publication notices and multiple direct mailings, this class action lawsuit concerns alleged conduct by subsidiaries and affiliates of Aon Corporation (“Aon”). It involves, among other things, Aon’s receiving or eligibility to receive “Contingent Commissions.” These Contingent Commissions were paid by insurers in connection with the placement of insurance and other risk solutions products by Aon.

Plaintiffs allege that Aon Corporation and its affiliates and/or subsidiaries engaged in certain wrongful acts as set forth in papers filed in the lawsuit. Aon denies all allegations of wrongdoing.

What is the status of the Class Action?
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 have appealed the Court’s order approving the settlement. The settlement will not be Effective, as that term is defined in the Settlement Agreement, until the appeal is resolved.

Am I a Class Member?
You may be a member of the Class if:

• You were a resident of the United States, and
• You directly or indirectly used an Aon subsidiary or affiliate in the United States to place, renew, consult on or service insurance or other similar risk solutions products wherein Aon received or was eligible to receive Contingent Commissions, and
• You purchased your insurance policies during the period between January 1, 1994 and December 31, 2004.

To verify that your insurance was purchased through an Aon company, please contact your insurance broker. You also may locate contact information for the law firms appointed by the court to represent Class Members (called “Class Counsel”).

What Does the Settlement Provide?
The Settlement creates a fund that is expected to be approximately $85 - $90 million, less $19 million in attorneys’ fees and $238,597.29 in expenses awarded to Class Counsel by the Court, and less $5 million of administrative expenses. The fund will provide cash settlement benefits to Class Members that purchased insurance through Aon between January 1, 1994 and December 31, 2004 (the “Daniel Fund”). The Settlement also provides for certain non-monetary relief as set forth in the settlement agreement. Class Members that purchased insurance through Aon between January 1, 2001 and December 31, 2004 also may have been eligible to receive distributions from the separate fund (“Regulatory Settlement Fund”), created as part of Aon’s Settlement with state attorneys general and state insurance departments (the “Regulatory Settlement”). Details regarding the Regulatory Settlement are available at www.Aon-AG-Settlement.com or from a recorded message by calling toll free at +1.800.419.3922.

How Much Will I Be Paid?
Your share of the Daniel Fund will depend on:

• When you used Aon for insurance services,
• The amount of premiums you paid,
• An estimate of the Contingent Commissions attributed to your policies, and
• The number of claims that are submitted.

Not all class members are eligible to receive a cash distribution under the Settlement. Aon can provide distribution calculations once the appeal process is resolved.

It is recommended that you periodically check this web site for further details. In addition, Daniel Settlement details are available from a recorded message by calling toll free at +1.800.714.9815.

Am I bound by the Settlement?
If you are a Class Member and you did not timely exclude yourself from the settlement, you will be bound by the terms of the settlement, as set forth in the Settlement Agreement and accompanying release, and the Order and Final Judgment entered by the Court unless the settlement is overturned on appeal or otherwise does not become Effective as set forth in the Settlement Agreement.

Objecting to the Settlement
The Court already has heard objections to the Settlement from certain persons. Additional objections cannot be made at this time.

Who Represents Me?
The Court has appointed several law firms called Class Counsel to represent you. You don’t have to pay Class Counsel for their services. Class Counsel has received approval from the Court for an attorneys’ fee in the amount of $19 million and reimbursement of their expenses.