Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon Notes Senior Management Changes at Swett & Crawford
Oct 22 2002 // Aon Corp. announced several senior management changes within Swett & Crawford Group Inc., the largest wholesale insurance broker in the United States. David Hartoch will retire as chairman and chief executive officer...
Aon Risk Management Program Wins Chicago Innovation Award
Oct 8 2002 // Aon announced that its “Wired for Growth” risk management program has been named among the top ten winners of the 2002 Chicago Innovation Award. “This is the second recognition the Wired for Growth...
Report Near North Sues Aon over Approaches to Clients
Oct 7 2002 // According to a report appearing on the Web site of the Chicago Tribune, Near North Insurance (NNI) has filed a lawsuit directly against Aon, alleging that former NNI employees, who had joined Aon, used proprietary...
Segal Files $700 Million Lawsuit Against Aon, Former Near North Employees
Oct 4 2002 // Michael Segal, the founder and former CEO of Chicago-based broker Near North Insurance, has filed a lawsuit in Cook County Circuit Court seeking a total of $700 million in damages from six former employees who joined Aon,...
Aon Study Reports Homeowners Marketplace Still Not Earning Its Cost of Capital
Oct 4 2002 // Aon Corporation announced the results of Aon Re Worldwide’s comprehensive study of the U.S. homeowners marketplace. The results of the study reveal that the homeowners insurance industry, despite recent rate and...
Aon Completes $1.450B Reinsurance Program for State Compensation Fund of Calif.
Sep 13 2002 // Aon Corporation announced that its global reinsurance intermediary, Aon Re Worldwide, has completed a major excess of loss reinsurance program for the State Compensation Insurance Fund of California. The transaction...
Aon Leases New Space in Manhattan
Sep 5 2002 // Aon Corporation announced the completion of negotiations to secure new permanent office facilities in New York City. On Aug. 28, 2002 Aon reached an agreement with Resnick Seaport, LLC of New York to lease approximately...
CSG Under Review
Sep 2 2002 // A.M. Best Co. placed the financial strength ratings (FSR) of the insurance subsidiaries operating within Combined Specialty Group Inc. (CSG) under review with negative implications. The rating action follows Aon...
CSG Under Review
Sep 2 2002 // A.M. Best Co. placed the financial strength ratings (FSR) of the insurance subsidiaries operating within Combined Specialty Group Inc. (CSG) under review with negative implications. The rating action follows Aon...
Aon Names David Thompson VP, Al Orendorff New PR Director
Aug 30 2002 // Aon Corporation announced that David C. Thompson has joined Aon Re US as VP in their San Francisco office, and that Al Orendorff has been named to the newly created position of director of public relations. Thompson, who...
Two More Law Firms File Class Action Suits Against Aon
Aug 23 2002 // The law firm of Pomerantz Haudek Block Grossman & Gross LLP, which has offices in New York and Chicago, and the Pennsylvania-based law firm of Marc S. Henzel both announced that they have filed legal actions in U.S....
Another Class Action Lawsuit Filed Against Aon
Aug 21 2002 // The New York law firm of Wechsler Harwood Halebian & Feffer announced that it has filed a class action lawsuit in Federal Court in Illinois on behalf of shareholders against Aon Corp., following revelations of...
Look Out Aon – Here Come the Lawyers
Aug 19 2002 // Aon’s recent revelations of “financial irregularities,” while not in a class with Enron or WorldCom, have drawn the inevitable wolf pack to the scent of blood. Late last week two prominent law firms,...
AON SHARES TANK, SPIN-OFF DELAYED
Aug 19 2002 // Aon Corp. shares dropped 30 percent Aug. 7 after the broker posted lower-than-expected second-quarter results and announced the possible impact of its accounting talks with the Securities and Exchange Commission. The...
Aon Resolves All Comments Related to Aon’s SEC Filings
Aug 15 2002 // Aon Corporation said it has resolved all of the comments raised by the Securities and Exchange Commission (SEC) that were extensively outlined in Aon’s Aug. 7 press release. The comments were the result of customary...
A.M. Best Places Ratings for Combined Specialty Group under Review
Aug 13 2002 // A.M. Best Co. has placed the financial strength ratings of the insurance subsidiaries operating within Combined Specialty Group, Inc. (CSG) under review with negative implications. The rating action follows Aon...
Purchasers File Suit against Aon Corp.
Aug 9 2002 // The law firm of Milberg Weiss Bershad Hynes & Lerach LLP reported that a class action lawsuit was filed on Aug. 8 on behalf of purchasers of the securities of Aon Corporation between May 4, 1999 and Aug. 6, 2002,...
S&P’s Revises Aon Corp. Outlook to Negative
Aug 9 2002 // Standard & Poor’s has revised its outlook on Aon Corp. to negative from stable following the company’s second-quarter 2002 earnings announcement. “This rating action reflects the margin deterioration...
Aon Corp. Shares Fall 30 Percent, Spin-Off Delayed
Aug 8 2002 // Aon Corp. shares dropped 30 percent Aug. 7 after the broker posted lower-than- expected second-quarter results and announced the possible impact of its accounting talks with the Securities and Exchange Commission. The...
Aon Corporation – John Intondi
Aug 5 2002 // Aon Corporation made several appointments to the Property and Casualty Group of its Combined Specialty Group Inc. John Intondi was appointed senior vice president, Claims, and will be responsible for all claims matters for...
