Insurers Overwhelmed by Demand for D&O Coverage for Blank Check Companies February 10, 2021 By Katherine Chiglinsky and Jenny Surane The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability...
Willis Towers Watson to Pay $2.1M Cash Retention Agreements for 4 Executives February 8, 2021 Willis Towers Watson has approved retention agreements worth $2.1 million for four executives as an incentive for their continued employment...
Property Catastrophe Bond Placement Reaches Record in 2020 and Q4: Aon February 4, 2021 Approximately $11 billion of property catastrophe bond limit was placed in 2020, the highest on record, according to a new...
Nearly Two-Thirds of Global Catastrophe Economic Losses Unaddressed by Insurance January 25, 2021 There were 416 natural catastrophe events globally in 2020 that resulted in economic losses of $268 billion – 8% above...
Aon CEO Greg Case Recognized as Top Ally of LGBTQ+ Employees and Individuals January 20, 2021 Aon CEO Greg Case has been recognized for advancing the equality of LGBTQ+ employees and individuals. Specifically, Case was named...
Moment of Change: How the Insurance Industry Can Bridge the Diversity Gap, Be an Ally January 15, 2021 By Amy O'Connor The deaths of George Floyd and Breonna Taylor by white police officers last year sparked protests and examinations of racial...
Insurance Broker Aon Drops Trump Organization January 12, 2021 By Andrew G. Simpson Insurance broker Aon has ended its business relationship with the Trump Organization, Insurance Journal has learned. The Trump Organization is...
Challenges Facing Healthcare Pros on COVID Vaccine Frontlines: Q&A with Aon Experts December 23, 2020 Is the U.S. healthcare industry prepared to shoulder the massive responsibility of administering an estimated 300 million COVID-19 vaccinations? Healthcare...
Update: Aon Confirms EU Antitrust Probe of Merger with Willis Towers Watson December 21, 2020 By L.S. Howard Aon plc confirmed that the European Commission (EC) has initiated a review of the company’s proposed $30 billion bid for...
District Attorney Questions Deutsche Bank, Aon Employees Over Trump Organization December 15, 2020 By Greg Farrell Prosecutors from the office of Manhattan District Attorney Cyrus Vance Jr. have interviewed employees of Deutsche Bank and insurance broker...