The suit alleges that Aon “ignored red flags” and encouraged business partnerships despite internal doubts regarding ...

Described by one litigator as one of the largest and most brazen insurance frauds in corporate history, the latest in the ...

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

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

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

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.

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

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 ...

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

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 ...

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

Uri Levine, cofounder of traffic navigation app Waze, which was acquired by Google for $1.1 billion in 2013, is setting up a ...