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 ...

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

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

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 ...

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.

National Lenders General Agency has a new chief financial officer, effective immediately. On Wednesday, the provider of ...

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

Unregulated surrogacy and egg trading are endangering women’s lives, turning India’s fertility boom into a public health ...

Michigan made major reforms to its auto insurance laws in July 2020, which translated into an average savings of more than $1,000 per year for drivers. Changes included adding PIP limit options, an ...

Want to leave your job? You'll need to replace your income. Jaspreet Singh shared five assets that can generate income and ...