Insurance

States sought damages and injunctive relief, alleging that defendants unlawfully deceived clients by steering clients’ insurance business, promising increased retail business to insurers in return for their commitments to use Aon’s reinsurance services, suggesting that an insurer raise its quotes for two of Aon’s clients, entering into undisclosed “producer funding agreements” whereby insurers directly funded the hiring of Aon brokers, entering into secret “pay-to-play” arrangements with insurers whereby Aon obtained undisclosed compensation, agreeing with preferred insurers to “freeze out” a competing insurer, and providing preferred insurers with first looks, last looks, and exclusive looks on preferred business.