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 ...

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

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, an independent fiduciary appointed by the U.S. Bankruptcy Court for the District of ...

Colorado launched a last-resort home insurance plan to protect homeowners facing wildfire risk-but just 51 have signed up.

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

First-time buyers are discovering whole neighborhoods where coverage has vanished. Homeowners face growing insurance crisis as companies cut ties with vulnerable properties: 'We are making these ...

As the clock ticks down to a potential strike, ripple effects of the labour showdown are already being felt by travellers and ...

Loan protection insurance could help you pay for some or all of your personal loan in certain hardship situations, such as an ...