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.
- Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies
- Two Oil Supertankers Hit by Projectiles in Hormuz, Marisks Says
- Aon Acquires USI Insurance From KKR in $17 Billion Deal Targeting Middle Market
- AM Best Downgrades Financial Rating of Illinois’ Prime Insurance
- As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies
- Brightline Lands $350 Million Assured Loan in Case of Bankruptcy
- Judge Throws Out Bulk of Economic Claims Over Baltimore Bridge Tragedy
- 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
- DOJ to Challenge Dismissal of Harvard Civil Rights Suit
- Delaware Helps Firms Pay for Insurance, Trade Shows, Travel to Grow Exports
- 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
- 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
- Brightline Lands $350 Million Assured Loan in Case of Bankruptcy
- Florida AG Rejects Meta Settlement but Takes $1.2M From Deloitte Over DEI
- 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
- Wildfire Burns Structures in North Central Texas
- 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
- Marketing Firm Sued for Refusing to Hire Pregnant Woman
- Buc-ee’s Faces Backlash in Ohio Over Logo Lawsuit With Mini Mart
National News
- 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
- Amazon Sued by FTC Over Claims It Misled Advertisers on Pricing
- Aon Acquires USI Insurance From KKR in $17 Billion Deal Targeting Middle Market
- As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies
- US Expanding Long-Range Commercial Drone Testing Program
- FTC Probing YouTube Over Social Media Policies
- KKR Scores Windfall in $17 Billion Sale of USI Insurance
East News
- Judge Throws Out Bulk of Economic Claims Over Baltimore Bridge Tragedy
- 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
- DOJ to Challenge Dismissal of Harvard Civil Rights Suit
- Delaware Helps Firms Pay for Insurance, Trade Shows, Travel to Grow Exports
Midwest News
- 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
- Marketing Firm Sued for Refusing to Hire Pregnant Woman
- Buc-ee’s Faces Backlash in Ohio Over Logo Lawsuit With Mini Mart
Munich Re has reclaimed its position from Swiss Re as the largest global reinsurer, said AM Best.
Texas / South Central News
- 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
- Wildfire Burns Structures in North Central Texas
Southeast News
- Federal Judge Cautions State Farm Against Gambling With Courts
- 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
- Brightline Lands $350 Million Assured Loan in Case of Bankruptcy
- Florida AG Rejects Meta Settlement but Takes $1.2M From Deloitte Over DEI
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
- Thailand Shifts Disaster Risk to Insurers With $467 Million Plan
- Two Oil Supertankers Hit by Projectiles in Hormuz, Marisks Says
- AI-Driven Cyber Risk Is Top Concern for Global Financial Stability, Watchdog Says
- Sydney Developer in Distress Sounds Alarm for Private Credit
- Poland Probing if Fire at Drone Facility Is an Act of Terror
- China’s Humanoid Robots Aren’t Smart Enough to Take Your Job – Yet
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
"Stay home. ... Just stay home. That will help you and help us. Do not try to drive through this high water."
More Quotes Houston Mayor Sylvester Turner
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% |