Aon Settles Probe For $190M; CEO Apologizes ForConflicts

Aon Corp., the world's second-largest insurance brokerage, willrepay injured clients $190 million and adopt a number of majoroperational reforms to resolve probes by three states into allegedfraud and anti-competitive practices.

The agreement resolves investigations in New York, Connecticutand Illinois into incentive payments the broker accepted frominsurers.

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