Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Two More Law Firms File Class Action Suits Against Aon
Aug 23 2002 // The law firm of Pomerantz Haudek Block Grossman & Gross LLP, which has offices in New York and Chicago, and the Pennsylvania-based law firm of Marc S. Henzel both announced that they have filed legal actions in U.S....
Another Class Action Lawsuit Filed Against Aon
Aug 21 2002 // The New York law firm of Wechsler Harwood Halebian & Feffer announced that it has filed a class action lawsuit in Federal Court in Illinois on behalf of shareholders against Aon Corp., following revelations of...
Look Out Aon – Here Come the Lawyers
Aug 19 2002 // Aon’s recent revelations of “financial irregularities,” while not in a class with Enron or WorldCom, have drawn the inevitable wolf pack to the scent of blood. Late last week two prominent law firms,...
AON SHARES TANK, SPIN-OFF DELAYED
Aug 19 2002 // Aon Corp. shares dropped 30 percent Aug. 7 after the broker posted lower-than-expected second-quarter results and announced the possible impact of its accounting talks with the Securities and Exchange Commission. The...
Aon Resolves All Comments Related to Aon’s SEC Filings
Aug 15 2002 // Aon Corporation said it has resolved all of the comments raised by the Securities and Exchange Commission (SEC) that were extensively outlined in Aon’s Aug. 7 press release. The comments were the result of customary...
A.M. Best Places Ratings for Combined Specialty Group under Review
Aug 13 2002 // A.M. Best Co. has placed the financial strength ratings of the insurance subsidiaries operating within Combined Specialty Group, Inc. (CSG) under review with negative implications. The rating action follows Aon...
Purchasers File Suit against Aon Corp.
Aug 9 2002 // The law firm of Milberg Weiss Bershad Hynes & Lerach LLP reported that a class action lawsuit was filed on Aug. 8 on behalf of purchasers of the securities of Aon Corporation between May 4, 1999 and Aug. 6, 2002,...
S&P’s Revises Aon Corp. Outlook to Negative
Aug 9 2002 // Standard & Poor’s has revised its outlook on Aon Corp. to negative from stable following the company’s second-quarter 2002 earnings announcement. “This rating action reflects the margin deterioration...
Aon Corp. Shares Fall 30 Percent, Spin-Off Delayed
Aug 8 2002 // Aon Corp. shares dropped 30 percent Aug. 7 after the broker posted lower-than- expected second-quarter results and announced the possible impact of its accounting talks with the Securities and Exchange Commission. The...
Aon Corporation – John Intondi
Aug 5 2002 // Aon Corporation made several appointments to the Property and Casualty Group of its Combined Specialty Group Inc. John Intondi was appointed senior vice president, Claims, and will be responsible for all claims matters for...
N.J. Appeals Court Upholds Aon Judgment
Jul 29 2002 // Aon Corporation has been ordered to pay $6.1 million to former New York Giants football player Phil McConkey after a New Jersey appeals court ruled that he lost a job he took at another insurance company after his...
Aon Responds to Speculation in Subscription Newsletter
Jul 12 2002 // Aon Corporation recently stated that it is not aware of any formal or informal investigation being conducted by the SEC’s Division of Enforcement despite speculation to that effect in a subscription newsletter dated...
Aon Launches HR Portal
Jul 9 2002 // Aon has launched its HR Portal Solution(SM)—a technology platform designed to allow human resources professionals to manage their entire HR function easily and effectively. The solution can be customized for a variety of...
ACORD HONORS COMPANIES AT 2002 CONFERENCE
Jun 10 2002 // The 2002 ACORD Conference “Real World Solutions” wrapped up with a host of companies and individuals taking home awards for their performances over the last year in the industry. Among the winners were:...
Aon Expects Spin-off after June 30
Jun 3 2002 // Aon Corporation says the spin-off of Combined Specialty Group, Inc. (CSG) is now expected to be completed after June 30. Steps necessary to complete the spin-off continue to be taken and the spin-off will be accomplished...
ACORD Notes Performances of Companies, Individuals at 2002 Conference
May 23 2002 // Orlando—The 2002 ACORD Conference “Real World Solutions” wrapped up May 21 with a host of companies and individuals taking home awards for their performances over the last year in the industry. Among the...
Allianz Insurance Co. Appoints Callahan CEO
May 13 2002 // California-based Allianz Insurance Company (AIC), a member of the Allianz Group, appointed Kevin R. Callahan to CEO. In his position as CEO of AIC, Callahan will be responsible for building AIC into an innovative insurance...
Aon Integrates New Services into eSolutions Offerings
May 8 2002 // Aon is adding eComp® www.eComponline.com—an online executive compensation information service—to its eSolutions compensation technology offerings. eComp enables clients to navigate easily through executive...
Aon Reports First Quarter 2002 Results
May 2 2002 // Aon Corporation reported first quarter dilutive earnings per share of $0.37 compared with $0.07 in the year ago period. Excluding special charges, unusual World Trade Center (WTC) items, and a favorable one-time tax...
Aon Claims 1stQ Earnings Did Not Meet Internal Targets
Apr 23 2002 // Aon Corporation has reported that first quarter 2002 dilutive earnings per share are expected to be in the range of $0.56-$0.59 per share (including a one-time pretax income item of $48 million or $0.11 per share). This...
