Aon (AON) has faced legal turmoil, with a lawsuit alleging fraudulent practices linked to its Collateral Protection Insurance product impacting the insurance sector and leading to Vesttoo's bankruptcy ...

Insurance broker Aon Plc was accused in a civil lawsuit of helping cause the collapse of Vesttoo Ltd., an Israeli insurance startup once valued at $1 billion that went bankrupt after disclosing ...

Fraud Unraveled: In mid-2023, an internal audit uncovered that over $3–4 billion in LOCs supposedly backing reinsurance deals ...

Investing.com -- Aon, the world's second-largest insurance broker, is facing a lawsuit alleging fraud related to its ...

Insurance broker Aon is being sued by a trust representing creditors to the bankrupt technology company Vesttoo for alleged fraud over its role in marketing insurance-linked securities, The Financial ...

Aon, the world’s second-biggest insurance broker, is being sued for alleged fraud over its role in marketing a new form of insurance that helped start-ups raise money.

The Vesttoo Creditors Liquidating Trust has filed a lawsuit in the US Bankruptcy Court for the District of Delaware against ...

Creditors to Vesttoo’s bankruptcy trust have filed a lawsuit against Aon and China Construction Bank (CCB) alleging ...

The Vesttoo Creditors Liquidating Trust, an independent fiduciary appointed by the U.S. Bankruptcy Court for the District of ...

A roundup of all the news you need, including Swiss Re's H1 results.

A New Jersey auto insurance company has racked up dozens of complaints with state regulators since entering Michigan's auto insurance market in 2021.

In the latest twist in the long-running Vesttoo saga, where fraudulent collateral was found to be sitting behind reinsurance ...