Aon brokerage announced today it has signed a letter of intentto sell its Construction Program Group to the Old RepublicInsurance Company for $85 million.

Greg Case, Aon president and chief executive officer, said theaction continues the company's move to exit the specialty propertyand casualty underwriting businesses.

The Chicago-based firm also announced that it will strengthenspecialty property and casualty reserves by approximately $100million.

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