Provided by InsuranceJournal.com
February 25, 2026Tycoon Richard Li’s Bolttech Is Said in Talks to Buy MoneyHero
Bolttech Holdings Ltd. is in talks to buy Nasdaq-listed MoneyHero Ltd., people familiar with the matter said, a move that would combine two financial technology firms backed by billionaire Richard Li. Closely held Bolttech is doing due diligence and …
February 25, 2026Amex, Deere, J&J Abandon Board Diversity Rule, Activist Says
American Express Co., Deere & Co. and Johnson & Johnson have dropped diversity criteria for selecting new board directors, according to a conservative shareholder activist group. Goldman Sachs Group Inc. is considering a similar change, Bloom …
February 25, 2026Tesla Must Face Lawsuit Alleging Anti-American Bias in Hiring, Judge Rules
A U.S. judge has refused to dismiss a lawsuit accusing Tesla of discriminating against American citizens in hiring so it can pay less to foreign workers, but said he was skeptical that the software engineer who sued would prevail. U.S. …
February 25, 2026Florida OIR Slams Committee-Approved Clearinghouse Bill Changes as ‘Illusory’
With no debate and little discussion, a final Florida House committee on Tuesday approved a bill that would set up a clearinghouse to help move commercial policies out of Citizens Property Insurance Corp. and into surplus lines carriers. The House … …
February 25, 2026Wynn Resorts Says Hackers Stole Employee Data
Wynn Resorts on Tuesday said hackers had obtained employee data and that the company was investigating the breach. Michael Weaver, Wynn’s chief communications officer, said in an email Tuesday that the company learned that “an unauthorized third part …
February 25, 2026TWIA Board Sets $4.3B as 1-in-50 Probable Maximum Loss for 2026 Storm Season
The Texas Windstorm Insurance Association’s board voted to finalize $4.3 billion as the association’s 1-in-50 probable maximum loss for the 2026 storm season. The 1:50 PML, the level of losses that would be expected to be exceeded on an annual … …
February 25, 2026Deep-Sea Tech Being Deployed to Find Sunken Fishing Boat Off Massachusetts
A coalition of authorities is deploying technology to try to locate the wreck of a fishing boat that sank last month off Massachusetts, killing all seven aboard. But winter weather and sea conditions have thus far slowed their efforts. The …
February 25, 2026People Moves: SAN Group Names Marcou; Underwood Joins Alliant
SAN Group Names Marcou Agency Growth Coach SAN Group, headquartered in Hampton, New Hampshire, hired Lynn Marcou as agency growth coach, supporting member agencies across Maine, New Hampshire, Vermont, and Massachusetts. Marcou provides hands-on coac …
February 25, 2026Tow Truck Operator and Used Car Dealer Sentenced for Car Theft Scheme
A tow truck operator and a used car dealer have bee sentenced for their roles in a motor vehicle theft scheme in New York. New York Attorney General Letitia Jame said an investigation by her office and the New York …
February 25, 2026California Vocational School CEO Charged in Worker Education Benefits Scheme
The CEO of a large California vocational return to work counseling center and his alleged co-conspirators were charges in a kickback and forgery scheme that drained injured workers’ educational benefits. Hazel Ortega, 54, of La Habra, and alleged co- …
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