Two top insurance brokerages, forced to drop contingency feesafter those arrangements were linked to kickback and bid-riggingschemes, are adjusting and thriving, according to a Standard &Poor's report.
S&P has revised the outlook on the Nos. 2 and 3 brokerages -Aon Corp. and Willis Group Holdings Ltd. - to stable fromnegative.
The report said the revised outlook is "a significant indicatorof how the industry is evolving" nearly a year after New YorkAttorney General Eliot Spitzer surfaced charges of brokeragemisdeeds that led both companies drop contingent commissions andagree to reimburse injured customers.
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