Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon Hires Founder of Center for Aggression Management
Jul 16 2003 // Chicago-based Aon Corp. licensed the rights to the Center for Aggression Management, and hired Dr. John D. Byrnes, the center’s founder and director, as a full-time consultant. The Center for Aggression Management,...
Aon Acquires Aggression Management Firm
Jul 15 2003 // Chicago-based brokerage giant Aon Corp. has acquired the rights to an Orlando, Fla.-based aggression consulting company, according to the Chicago Tribune. The Center for Aggression Management aims to reduce violence and...
Aon Moves into New NYC Offices, Reaffirms Commitment to City
Jun 30 2003 // Aon Corp. announced the official opening of its new permanent offices in New York City, downtown at 199 Water St. and midtown at 55 E. 52nd St. The two new facilities will permanently replace those lost in the Sept. 11...
Aon Corp. Expands, Renames Collector Car Program
Jun 5 2003 // Aon Corporation recently expanded in the collector car insurance marketplace and offers coverage for a variety of models including antiques, classics, street rods, customs and vintage. The newly named Aon Collector Car...
Aon CEO Says Rates Will Grow Slowly Until Early 2004
Jun 4 2003 // Aon CEO Patrick Ryan told a group of journalists that premiums will grow slowly through the end of 2003 and into early 2004, according to Reuters. Ryan predicted rates would rise over the next five to seven years. Certain...
Aon Names D. Cameron Findlay General Counsel
May 20 2003 // Chicago-based Aon Corp. announced that D. Cameron Findlay, 43, currently the U.S. Deputy Secretary of Labor, will join the company as executive vice president and general counsel Aug. 1. Findlay will succeed Raymond I....
Aon to Sponsor NY Howard University Summer Intern Event
May 15 2003 // Aon announced that it is joining a number of New York area insurance and consulting firms that have teamed up with Howard University to sponsor a special summer intern program designed to encourage highly qualified...
Aon: Personal Lines Had Lowest Earnings Volatility in 2002
May 8 2003 // Aon Corp. announced the results of its 2002 “Property and Casualty Earnings Volatility Study” that highlighted the insurers and reinsurers that were most effective at minimizing the volatility in their...
Aon’s 1stQ Profit Down 5% From Year Ago
May 6 2003 // Chicago-based brokerage Aon Corp. reported quarterly earnings of $152 million, or 48 cents per share, down 5 percent from a year ago’s $160 million, or 57 cents per share. The company, one of the top insurance...
Brief Filed for Sex Harassment Class Action Against Aon Subsidiary
May 5 2003 // A brief filed Friday supporting class certification in sexual harassment and discrimination lawsuit against an Aon subsidiary, Combined Insurance Co. of America, included excerpts from 128 declarations signed by former and...
Aon ASM Relationships Gives Kroll Clients Access to Lloyd’s Kidnap & Ransom Cover
Apr 29 2003 // Kroll Inc. is adding kidnap & ransom (K&R) insurance brokered by Asset Security Managers (ASM), a wholly-owned subsidiary of Aon Limited, based in Chicago. Kroll’s new, non-exclusive arrangement with ASM,...
Aon Removes Two Insiders From Board
Apr 28 2003 // The son of Aon Corp. CEO Patrick G. Ryan and Aon’s general counsel have left the Chicago-based brokerage’s board to be replaced by two outside directors, according to Crain’s Chicago Business. Patrick G....
Aon CEO Ryan Didn’t Get a Bonus in 2002
Apr 15 2003 // Aon Corp. Chairman and CEO Patrick G. Ryan received no bonus or salary increase in 2002, according to the company’s proxy statement filed with the Securities and Exchange Commission. Mr. Ryan, who earned $1.1 million...
U.S. Property Insurance Premiums Beginning to Fall, AON Report Finds
Apr 8 2003 // Rates for U.S. property insurance have begun to drop as insurers compromise to meet their target levels of premium growth. This was one of the main findings from a report published by Aon at this year’s RIMS (Risk...
Aon Says Return on Homeowners Insurance Up but Still Not Earning Its Cost of Capital
Mar 18 2003 // Aon Corporation reports that significant rate and underwriting initiatives in the U.S. homeowners’ insurance marketplace continue to fall short of the cost of capital, in a continuing study of return on capital by...
Aon Re, Impact Forecasting Unveil First Multi-Line Catastrophe Analysis
Mar 12 2003 // Aon Corporation’s subsidiary, Aon Re Inc., in conjunction with its catastrophe modeling unit, Impact Forecasting, recently completed the first probabilistic catastrophe risk analysis of a combined portfolio of life,...
Appeals Court Rules Aon Must Pay $22 Million
Mar 10 2003 // The Illinois Appelate Court has ruled that insurance brokerage giant Aon Corp. must pay $22 million to the family of man killed in a plane crash helmed by the company’s corporate pilot, according to Crain’s...
AON Affirmed
Feb 24 2003 // The “A” (Excellent) financial strength ratings of Aon Corporation’s key insurance underwriting subsidiaries were affirmed by A.M. Best Co. The ratings were held under review with negative implications...
Aon Pulls Down $178 Million in Fourth Quarter
Feb 13 2003 // Aon Corp.’s fourth-quarter net income soared and the company appears to have made a stunning recovery from the impact of the Sept. 11, 2001, attacks on the World Trade Center. The Chicago-based insurance brokerage...
Aon Misses Settlement Talk Deadline in Overtime Wage Suit, Plaintiffs’ Attorneys Say
Feb 12 2003 // Two Texas law firms representing plaintiffs in a class-action suit against Aon Corp. for overtime wage claims said the company failed to meet a Friday deadline to continue negotiations. Edwards & George LLP and...
