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Aon Corporation
Aon Takes Lead on California Contractor Legislation; Addresses Need for Strategic Builder Solutions
January 3rd, 2009
Aon Corporation (NYSE:AOC), the leading global provider of risk management services, announced its involvement in the development and passing of AB 2738, a law that will dramatically affect wrap-up construction programs in California. "In its initial form, AB 2738 promised to harshly affect wrap-ups and contractual indemnity clauses," said George Dale, executive vice president, Aon Residential. "As the only broker at the negotiating table, Aon worked alongside lawmakers and the California Building Industry Association to protect and advance the position of our clients by ensuring the final legislation reflected a more balanced view." While the new...
Source: Law & Health Weekly (2009-01-03)
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