Latest Aon Headlines

Feb 25 2007 // People The Property Casualty Insurers Association of America named Cliston Brown as the organization’s director of federal public affairs. Brown comes to PCI after three years with the Independent Insurance Agents...

People

Feb 25 2007 // The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new committee assignments are for one year. International Insurance Relations Committee: Chair Diane Koken,...

John Barrett Joins Aon’s Southern California Executive Team

Feb 22 2007 // Aon recently announced that John Barrett has joined its Southern California executive team as resident managing director for Los Angeles. Barrett, 47, was formerly managing director of Marsh, Los Angeles where he built a...

Aon Re Global Management Changes

Feb 15 2007 // Aon Re Global announced several management changes in its newly formed Europe-Middle East-Africa (EMEA) region and in the UK. Aon Re Global’s European operations have been combined with those in Israel, Bahrain and...

Aon establishes group to manage renewable bio fuel risks

Feb 12 2007 // Aon’s Agribusiness and Food Systems Group has created a new unit to focus on the specialized risks associated with the bio-fuels industry. Aon’s new Agri-Fuels Risk Management Group (AFRMG), based in Kansas...

People and Places

Feb 12 2007 // William J. Mullaney was named president of MetLife’s Institutional Business segment. He succeeds Leland C. Launer Jr., who has decided to pursue other opportunities. Mullaney most recently served as president of...

Business Moves

Feb 11 2007 // Goldman Sachs, USI Holdings Big insurance broker USI Holdings Corp. headquartered in Briarcliff Manor, N.Y., agreed to be acquired by GS Capital Partners, a private equity affiliate of Goldman, Sachs & Co., in a...

People

Feb 11 2007 // William J. Mullaney was named president of MetLife’s Institutional Business segment. He succeeds Leland C. Launer Jr., who has decided to pursue other opportunities. Mullaney most recently served as president of...

Chicago Aon’s Entertainment Group Announces Restructuring

Feb 7 2007 // The entertainment industry’s increasing emphasis on diversification has led to the restructuring of Aon’s Entertainment Group. Effective immediately, Aon/Albert G. Ruben, the worldwide leader in the film and...

Aon Establishes Group to Manage Renewable Fuel Risks

Feb 1 2007 // Aon’s Agribusiness and Food Systems Group has created a new unit to focus on the specialized risks associated with the bio-fuels industry. Aon’s new Agri-Fuels Risk Management Group (AFRMG), based in Kansas...

Chicago Aon Acquires Footman James from UK Alchemy Partners

Jan 29 2007 // Chicago-based Aon Corp. today announced that it has completed the acquisition of Footman James from Alchemy Partners (Guernsey) Limited. The terms of the transaction are not disclosed. Aon provides tailor made cover for...

Aon to Cut 500 Jobs in N.Y., Texas, Maryland

Jan 22 2007 // Insurance brokerage firm Aon Corp. said last week it would lay off 550 workers at its facilities in New York, Texas and Maryland. Aon spokesman Rahsaan Johnson said the Chicago-based company was consolidating its...

2006:a big year for P&C buyers and sellers of all shapes and sizes

Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...

Aon Places California Earthquake Catastrophe Bond

Dec 22 2006 // Aon Corp., based in Chicago, announced that its investment banking group, Aon Capital Markets, completed the private placement of $190 million of principal at- risk variable rate notes for Munich Re. The placement provides...

Chicago’s Aon to Acquire Valley Oak Systems

Dec 21 2006 // Aon has announced it has entered into a letter of intent agreement to acquire Valley Oak Systems of San Ramon, Calif. Aon expects to consummate the transaction by January 31, 2007. Valley Oak Systems (VOS) offers claims...

People and Places

Nov 6 2006 // The Independent Insurance Agents of North Carolina announced the election of Kathy Lance of The L.N. Davis Co. in Waynesville, as its new president. Lance, the first female to hold the office, has been a member of the...

People

Nov 5 2006 // Peter McMurtrie has joined Columbus, Ohio-based Grange Insurance in the new position of chief claims officer. The company said McMurtrie would focus on three main areas of operation: transactional excellence, best...

Business Moves

Nov 5 2006 // Aon, Old Republic Insurance Co. Chicago-based Aon has taken further steps to exit the property and casualty underwriting business by moving to sell its Construction Program Group (CPG). Aon also announced that it would...

Nov 5 2006 // People The Independent Insurance Agents of North Carolina announced the election of Kathy Lance of The L.N. Davis Co. in Waynesville, as its new president. Lance, the first female to hold the office, has been a member of...

Business Moves

Nov 5 2006 // Affirmative Insurance Holdings, USAgencies Affirmative Insurance Holdings Inc., Addison, Texas, and privately-held USAgencies L.L.C., based in Baton Rouge, La., announced a definitive agreement under which Affirmative will...