Aon Complaint Mentions Benefits Carriers|
By Allison Bell
National Underwriter News
March 4, 2005
New York Attorney General Eliot Spitzer
mentions UnumProvident Corp. and Mutual of Omaha
in his complaint against Aon Corp.,
Spitzer and Aon announced today that Aon
will be paying $190 million to settle an
investigation focusing on the strategies it used
to match customers and insurers.
A complaint filed on the Web site of the
New York attorney general's office says Aon
pressed UnumProvident, Chattanooga, Tenn., to
stick to previously approved compensation
levels and that the firm warned Mutual Of Omaha,
Omaha, Neb., that the company was paying a
lower compensation level than competitors
UnumProvident declined to comment on the
complaint, but a spokeswoman repeated earlier
assurances that the company will cooperate fully
with state regulators in their investigations.
Mutual of Omaha was not immediately
available for comment.
Click here to view the complaint, settlement and exhibits.
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