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Luke J. Nolan Jr., Director, Aon Construction Services Group, Elected President of Dallas/Fort Worth Construction Financial Management Association
Nolan becomes the first insurance broker to serve as president of the Dallas/Fort Worth Chapter
PRNewswire-FirstCall
DALLAS

For the first time in its 20-year history, the Dallas/Fort Worth chapter of the Construction Financial Management Association (CFMA) has elected an insurance broker to the position of president. Luke J. Nolan Jr., director, Aon Construction Services Group, was nominated by the board of directors and voted president by members of the Dallas/Fort Worth CFMA in the organization's spring election. He will serve a one-year term.

(Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO )

Said Mike Orr, 2nd vice president, Dallas/Fort Worth CFMA and chief financial officer, Roger-O'Brien Construction Company: "Our members are pleased to have Mr. Nolan serve as the chapter's next president. For more than seven years Luke has demonstrated a keen understanding of the issues facing the construction industry in the Dallas/Fort Worth area. The breadth and depth of his experience enable Luke to provide CFMA members with distinctive industry advice."

As a national director at Aon Construction Services Group, Nolan is responsible for strategic planning, marketing and administrative functions related to Contractor Default Insurance (CDI). CDI was developed in 1996 in response to increasing problems that large prime contractors had in enforcing performance and payment bond claims against their subcontractors' sureties. With CDI prime contractors have coverage for costs associated with completion of defaulted work, including legal expenses and charges incurred during an investigation, adjustment or litigation.

In addition to serving as local chapter president of CFMA, Nolan is a member of the organization's national Construction Industry Liaison Committee. He is also on the Associated General Contractors Employee Compensation Committee for the highway sector and is active with the Associated Builders and Contractors, Inc. North Texas Legislative Committee. Nolan also is a member of QUOIN, the North Texas chapter of Associated General Contractors. He is a licensed insurance agent in the state of Texas and a non-resident agent in more than 25 states.

About Aon

Aon Corporation (NYSE: AOC) ( http://www.aon.com/ ) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. There are 47,000 employees working in Aon's 500 offices in more than 120 countries. Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions.

As The Construction Experts®, Aon Construction Services Group is the world's leading provider of risk management, insurance and reinsurance brokerage, surety bonding, wrap-ups and specialty insurance underwriting to the construction industry. With more than 450 dedicated construction practice professionals, Aon Construction Services Group helps contractors, owners, and public entities develop effective solutions to risks, issues and challenges.

About CFMA

CFMA, "The Source & Resource for Construction Financial Professionals," was founded in 1981, and currently has 88 chapters across the U.S. and a membership of more than 7,000. CFMA chapters in major cities from Maine to Hawaii offer local workshops, seminars and programs that complement the extensive member services provided by CFMA Headquarters in Princeton, NJ.

For further information about CFMA or the Dallas/Ft. Worth Chapter, call 214-989-2115 or 609-452-8000 or visit http://www.dfwcfma.com/ (Local) or http://www.cfma.org/ (National) for more information.

  For more information, contact:
  Thaddeus Woosley, 312.381.2446, Thaddeus.Woosley@aon.com.

This press release contains certain statements related to future results, or states our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. Potential factors that could impact results include: general economic conditions in different countries in which we do business around the world, changes in global equity and fixed income markets that could affect the return on invested assets, fluctuations in exchange and interest rates that could influence revenue and expense, rating agency actions that could affect our ability to borrow funds, funding of our various pension plans, changes in the competitive environment, changes in commercial property and casualty markets and commercial premium rates that could impact revenues, changes in revenues and earnings due to the elimination of contingent commissions, other uncertainties surrounding a new compensation model, the impact of regulatory investigations brought by state attorneys general and state insurance regulators related to our compensation arrangements with underwriters and related issues, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, and ERISA class actions, the cost of resolution of other contingent liabilities and loss contingencies, and the difference in ultimate paid claims in our underwriting companies from actuarial estimates. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission.

Photo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com

SOURCE: Aon Corporation

CONTACT: Thaddeus Woosley of Aon, +1-312-381-2446,
Thaddeus.Woosley@aon.com

Web site: http://www.aon.com/
http://www.dfwcfma.com/
http://www.cfma.org/

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