Caterpillar Sues Aon Over Insurance Practices

Law360, New York (October 15, 2007, 12:00 AM EDT) -- Heavy equipment manufacturer Caterpillar Inc. is taking aim at its broker, Aon Corp., accusing the insurance firm of violating state and federal antitrust laws by conspiring to restrain competition with respect to brokerage services.

In a complaint filed Friday in the U.S. District Court for the Central District of Illinois, Caterpillar accused Aon Corp., Aon Risk Services Inc. of Illinois and Aon Re Global Inc. of entering into a conspiracy in restraint of trade with respect to insurance, reinsurance and brokerage services provided to Caterpillar and...
To view the full article, register now.