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.
- Lockton Named in NBA Investigation Into Clippers Salary Cap Circumvention
- AIG Executive Chair and Former CEO Zaffino Set to Exit for Palantir
- Viewpoint: Commercial P/C Talent Gap 5 Years On—Are We Asking the Right Question
- Florida Citizens Awards Commercial Clearinghouse Management to Bridge Specialty
- First Half US P/C Industry Underwriting Gain Jumps to $31.7B
- Florida Judge Cans Investment Funds’ Lawsuit vs. Lighthouse Insurance Exec
- Judge Strikes Down NY Plan to Charge Fossil-Fuel Firms $75B for Climate Damages
- Starbucks Dress Code Didn’t Violate NYC Workers’ Labor Rights, US Court Rules
- People Moves: Silva to Succeed Retiring Welch as Amica Chief Claims Officer
- Apple to Pay Virginia Employee $150K in Religious Accommodation Settlement
- Specialty Insurance Platform Ignyte Acquires InsureMyTrip
- Stewart Information Services Acquires Telecommunications Specialist Tower Title
- Amwins Acquires Firearms Insurance Specialist Joseph Chiarello & Co.
- Judge Bars EPA Effort to Send California Vehicle Emissions Rules to Congress
- Insurance Again Dominates Number of Complaints to Oregon Consumer Advocates
- PG&E to Defer $2 Billion of Work After California Shelved Fire Bill
- California Lawmakers Adjourn Without Voting on Wildfire Bill
- Report: Medical Service Costs in California Comp Rising With Payments, Utilization
- Crest Acquiring Tegeler & Associates in Wyoming
- Floridians Saved Almost $3B on HO and Auto Premiums Last Year, Actuarial Report Finds
- Florida Judge Cans Investment Funds’ Lawsuit vs. Lighthouse Insurance Exec
- Florida Citizens Awards Commercial Clearinghouse Management to Bridge Specialty
- Florida Bans Flock Cameras, License Plate Readers From State Roads
- People: Builders Insurance Names Jasmund Board Chairman
- Federal Judge Cautions State Farm Against Gambling With Courts
- Florida Judge Cans Investment Funds’ Lawsuit vs. Lighthouse Insurance Exec
- Tesla Readies Cybercab Launch Event That’s Shrouded in Mystery
- Texas A&M Forest Service Launches Prescribed Burn Manager Insurance Program
- Edouard Causes Life-Threatening Flooding in East Texas
- Texas Mobilizes Ahead of Tropical Storm Edouard
- Texas, Louisiana on Hurricane Watch as Storm Edouard Grows
- People Moves: Pharmacists Mutual Names Shaw as VP and Head of Claims
- Lockton Named in NBA Investigation Into Clippers Salary Cap Circumvention
- People Moves: Cincinnati Insurance Chief Claims Officer Schambow to Retire, McMillan to Assume Responsibilities
- Kansas Woman Sentenced to Probation for Insurance Fraud
- Severe Thunderstorms Threaten From Great Lakes to New Jersey
- People Moves: Sunstar Insurance Group Names Ashby as Chief Information Officer
National News
- US Government Backs OpenAI in New York Times Copyright Case
- Thomson Reuters Detects Cyber Incident, Says Unauthorized Party Accessed Files
- Viewpoint: Commercial P/C Talent Gap 5 Years On—Are We Asking the Right Question
- Federal Judge Cautions State Farm Against Gambling With Courts
- Markets/Coverages: Philadelphia Insurance Debuts Platform for Storage Tank Policies
- Berkshire CEO Abel Says AI to Help Power Growth
- Blackout Risk Rises as Heat Wave Stresses Largest US Electric Grids
East News
- Judge Strikes Down NY Plan to Charge Fossil-Fuel Firms $75B for Climate Damages
- Starbucks Dress Code Didn’t Violate NYC Workers’ Labor Rights, US Court Rules
- People Moves: Silva to Succeed Retiring Welch as Amica Chief Claims Officer
- Apple to Pay Virginia Employee $150K in Religious Accommodation Settlement
- Specialty Insurance Platform Ignyte Acquires InsureMyTrip
- Stewart Information Services Acquires Telecommunications Specialist Tower Title
- Amwins Acquires Firearms Insurance Specialist Joseph Chiarello & Co.
Midwest News
- People Moves: Pharmacists Mutual Names Shaw as VP and Head of Claims
- Lockton Named in NBA Investigation Into Clippers Salary Cap Circumvention
- People Moves: Cincinnati Insurance Chief Claims Officer Schambow to Retire, McMillan to Assume Responsibilities
- Kansas Woman Sentenced to Probation for Insurance Fraud
- Severe Thunderstorms Threaten From Great Lakes to New Jersey
- People Moves: Sunstar Insurance Group Names Ashby as Chief Information Officer
Los Angeles County sued State Farm over the insurer's handling of claims from the destructive early 2025 wildfires.
Texas / South Central News
- Florida Judge Cans Investment Funds’ Lawsuit vs. Lighthouse Insurance Exec
- Tesla Readies Cybercab Launch Event That’s Shrouded in Mystery
- Texas A&M Forest Service Launches Prescribed Burn Manager Insurance Program
- Edouard Causes Life-Threatening Flooding in East Texas
- Texas Mobilizes Ahead of Tropical Storm Edouard
- Texas, Louisiana on Hurricane Watch as Storm Edouard Grows
Southeast News
- Floridians Saved Almost $3B on HO and Auto Premiums Last Year, Actuarial Report Finds
- Florida Judge Cans Investment Funds’ Lawsuit vs. Lighthouse Insurance Exec
- Florida Citizens Awards Commercial Clearinghouse Management to Bridge Specialty
- Florida Bans Flock Cameras, License Plate Readers From State Roads
- People: Builders Insurance Names Jasmund Board Chairman
- Federal Judge Cautions State Farm Against Gambling With Courts
FSB Board Chair said the impact of AI on cyber risk was an immediate concern for the global financial system.
West News
- Judge Bars EPA Effort to Send California Vehicle Emissions Rules to Congress
- Insurance Again Dominates Number of Complaints to Oregon Consumer Advocates
- PG&E to Defer $2 Billion of Work After California Shelved Fire Bill
- California Lawmakers Adjourn Without Voting on Wildfire Bill
- Report: Medical Service Costs in California Comp Rising With Payments, Utilization
- Crest Acquiring Tegeler & Associates in Wyoming
International & Reinsurance News
- Trump Says Iran Strikes to Be Short, Asserts Hormuz Control
- Samsung-Affiliated Insurers Plan to Buy Canopius for $1.5 Billion, Newspaper Says
- Lloyd’s Reports Improved Combined Ratio on H1 Underwriting Profit of £1.9B
- UN Warns Global Warming Will Exceed 1.5C and Must Be Reversed
- Santam Drops US Investment as Property-Rate Dip Damps Outlook
- Business Moves: Oneglobal Broking Acquires LATAM Reinsurance Brokers
Insurance Journal Blogs and Columns
- What 25 Acquisitions Taught Me About Operational Consistency
- What captive agents underestimate about running their own agencies
- 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
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
"Certainly, claims — with all of their moving parts in all of the lines of business — still present compliance challenges."
More Quotes Kathy Donovan, lead researcher for Wolters Kluwer, on P/C insurers' top market conducts mistakes.
Insurance Top Gainers/Losers
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Presurance Holdings, Inc. | PRHI | $6.45 | +7.32% |
| TWFG, Inc. | TWFG | $30.07 | +4.39% |
| Slide Insurance Holdings, Inc. | SLDE | $24.18 | +3.82% |
| Lemonade, Inc. | LMND | $53.14 | +3.51% |
| Global Indemnity Group, LLC | GBLI | $30.00 | +3.45% |
| Company | Symbol | Close | 1 Day Chg |
|---|---|---|---|
| Skyward Specialty Insurance Group, Inc. | SKWD | $56.32 | -1.92% |
| Kingsway Corporation | KWY | $10.00 | -0.89% |
| Root, Inc. | ROOT | $54.87 | -0.42% |
| HCI Group, Inc. | HCI | $187.37 | -0.26% |
| CNA Financial Corporation | CNA | $48.56 | -0.25% |