Aon said the deal bolsters its goal to target the U.S. middle market segment.
The agreement is one of the largest data breach settlement amounts.
- Aon Acquires USI Insurance From KKR in $17 Billion Deal Targeting Middle Market
- Guy Carpenter Rebranded as Marsh Re
- Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies
- Federal Judge Cautions State Farm Against Gambling With Courts
- Hormuz Hostilities Pick Up as Two Tankers Reportedly Struck
- AM Best Downgrades Financial Rating of Illinois’ Prime Insurance
- Judge Throws Out Bulk of Economic Claims Over Baltimore Bridge Tragedy
- Blake Lively Gets $400,000 of $8M in Legal Fees From Film Fight with Justin Baldoni
- LaGuardia Air Traffic Controllers Under Scrutiny Over Crash That Killed 2 Pilots
- Trump Loses Bid to Move NY Hush Money Case to Federal Court
- Judge to Hear Recantation of Sexual Abuse Claim Against Ex-Penn State Coach
- Arbella Opens Commercial Lines Office in New Hampshire
- Crest Acquiring Tegeler & Associates in Wyoming
- State Farm Sued by LA County for Delays, Denials to Fire Victims
- California Lawmakers File Wildfire Plan, Without Newsom Asks
- Wildfire Risks in California and Oregon Worsened by Strong Winds
- Oregon Regulators Extend Wildfire Emergency Orders to Pause Insurance Cancellations
- LA Fire Zone Set to Get $3 Million Homes Funded by Muni Bonds
- Federal Judge Cautions State Farm Against Gambling With Courts
- ‘Cockroaches in My Food’ Claim Leads to Insurance Fraud Charge
- Family Dollar Stores Accused of Pregnancy Discrimination
- Florida Grand Jury Finds DeSantis Admin Misused $10M; Yaworsky Signed Off on it
- County Approves New $2.3B Stadium Project for Tampa Bay Rays
- Sentry’s Dairyland to Return $30 Million to Florida Auto Insureds
- Texas Mobilizes Ahead of Tropical Storm Edouard
- Texas, Louisiana on Hurricane Watch as Storm Edouard Grows
- American Airlines to Pay $200K for Discrimination Against Worker With Blindness
- How a $1 Texas Insurance Fee Funded Thousands of Flock Cameras
- Ross Fire Grows Into One of Largest Wildfires on Record in North Texas
- First US Phosphate Plant in Decades Planned Amid Global Conflict
- People Moves: Sunstar Insurance Group Names Ashby as Chief Information Officer
- Michigan Joins Settlement Against Mortgage Servicer Over ‘Force-Placed’ Insurance
- AM Best Downgrades Financial Rating of Illinois’ Prime Insurance
- Michigan Houses Are Getting Older, Creating Problems for the State
- New Illinois Law Requires Insurance for High-Speed E-Bikes
- Inszone Acquires Michigan’s Aviza Insurance Agency
National News
- Global Insured Catastrophe Losses Expected to Average $171 Billion Annually: Verisk
- Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies
- Viewpoint: Subsidized Immigration Enforcement Insurance – What Could Go Wrong?
- Sony, Warner Music Sue Anthropic Over Songs Used in AI Training
- Guy Carpenter Rebranded as Marsh Re
- Amazon Sued by FTC Over Claims It Misled Advertisers on Pricing
- Markets/Coverages: Insurtech Foxquilt Launches E&O Product
- AI-Driven Cyber Risk Is Top Concern for Global Financial Stability, Watchdog Says
East News
- Judge Throws Out Bulk of Economic Claims Over Baltimore Bridge Tragedy
- Blake Lively Gets $400,000 of $8M in Legal Fees From Film Fight with Justin Baldoni
- LaGuardia Air Traffic Controllers Under Scrutiny Over Crash That Killed 2 Pilots
- Trump Loses Bid to Move NY Hush Money Case to Federal Court
- Judge to Hear Recantation of Sexual Abuse Claim Against Ex-Penn State Coach
- Arbella Opens Commercial Lines Office in New Hampshire
Midwest News
- People Moves: Sunstar Insurance Group Names Ashby as Chief Information Officer
- Michigan Joins Settlement Against Mortgage Servicer Over ‘Force-Placed’ Insurance
- AM Best Downgrades Financial Rating of Illinois’ Prime Insurance
- Michigan Houses Are Getting Older, Creating Problems for the State
- New Illinois Law Requires Insurance for High-Speed E-Bikes
- Inszone Acquires Michigan’s Aviza Insurance Agency
Los Angeles County sued State Farm over the insurer's handling of claims from the destructive early 2025 wildfires.
Texas / South Central News
- Texas Mobilizes Ahead of Tropical Storm Edouard
- Texas, Louisiana on Hurricane Watch as Storm Edouard Grows
- American Airlines to Pay $200K for Discrimination Against Worker With Blindness
- How a $1 Texas Insurance Fee Funded Thousands of Flock Cameras
- Ross Fire Grows Into One of Largest Wildfires on Record in North Texas
- First US Phosphate Plant in Decades Planned Amid Global Conflict
Southeast News
- Federal Judge Cautions State Farm Against Gambling With Courts
- ‘Cockroaches in My Food’ Claim Leads to Insurance Fraud Charge
- Family Dollar Stores Accused of Pregnancy Discrimination
- Florida Grand Jury Finds DeSantis Admin Misused $10M; Yaworsky Signed Off on it
- County Approves New $2.3B Stadium Project for Tampa Bay Rays
- Sentry’s Dairyland to Return $30 Million to Florida Auto Insureds
FSB Board Chair said the impact of AI on cyber risk was an immediate concern for the global financial system.
West News
- Crest Acquiring Tegeler & Associates in Wyoming
- State Farm Sued by LA County for Delays, Denials to Fire Victims
- California Lawmakers File Wildfire Plan, Without Newsom Asks
- Wildfire Risks in California and Oregon Worsened by Strong Winds
- Oregon Regulators Extend Wildfire Emergency Orders to Pause Insurance Cancellations
- LA Fire Zone Set to Get $3 Million Homes Funded by Muni Bonds
International & Reinsurance News
- Global Insured Catastrophe Losses Expected to Average $171 Billion Annually: Verisk
- Hormuz Hostilities Pick Up as Two Tankers Reportedly Struck
- Thailand Shifts Disaster Risk to Insurers With $467 Million Plan
- Markets/Coverages: Coalition Launches Cyber Insurance for Large UK Enterprises
- Guy Carpenter Rebranded as Marsh Re
- AI-Driven Cyber Risk Is Top Concern for Global Financial Stability, Watchdog Says
Insurance Journal Blogs and Columns
- Why Every Commercial-Lines Agency Needs AI Risk Fluency
- How Ben Williams Insurance Group went from paper and pen to instant answers
- Restaurant Risk Management: Addressing Emerging Hospitality Exposures and Coverage Challenges
- The Implementation Gap: Why Good Technology Fails Inside Good Brokerages
- Why 400+ Loss Run Formats and 5 Years in Production Make Insurance AI Actually Work
- Severe Convective Storms Demand Closer Attention
Sponsored Newswire
- Introducing Rent-by-the-Room Insurance—Property & Liability for Coliving Rentals
- Quandri Named Inaugural Member of Applied Systems’ Vendor Certification Program
Quote of Note
"This has been a tremendous period of time to identify blind spots. Where did you think you were protected versus where you're not? As you took the plan off the shelf, if you will, and you put it into practice, what did work and didn't work about applying that plan?"
More Quotes Jim Wetekamp, CEO, Riskonnect
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Palomar Holdings, Inc. | PLMR | $132.57 | +0.71% |
| Kingsway Corporation | KWY | $10.31 | +0.68% |
| Safety Insurance Group, Inc. | SAFT | $103.74 | +0.10% |
| Employers Holdings, Inc. | EIG | $49.09 | -0.16% |
| Global Indemnity Group, LLC | GBLI | $29.57 | -0.17% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Presurance Holdings, Inc. | PRHI | $6.18 | -8.24% |
| TWFG, Inc. | TWFG | $28.83 | -3.93% |
| Ryan Specialty Holdings, Inc. | RYAN | $42.18 | -3.85% |
| Goosehead Insurance, Inc. | GSHD | $68.65 | -3.66% |
| James River Group Holdings, Inc. | JRVR | $4.01 | -3.14% |