Insurance Journal

Tree-Planting in Louisiana Wetlands Aims to Rebuild Natural Barriers

Across the calm waters behind a pumping station near Lake Borgne, hundreds of saplings stand out in the mist, wrapped in white plastic cylinders. To get there and to other sites like it, organizers have ferried dozens of volunteers week …

Posted: Feb 25, 2026

New MGA Elitium Offers Cover for Manufacturing Firms, Unoccupied Properties

Elitium, a UK-based specialist MGA incubated by Mission Underwriters, has been launched to provide commercial combined insurance for select trades within the manufacturing sector, as well as property cover for well-maintained unoccupied residential a...

Posted: Feb 25, 2026

Michigan Health Care Provider Sued for Race Discrimination

Mid-Michigan Home Health & Hospice LLC, an in-home health care provider of bathing assistance to clients in central Michigan, violated federal law when it did not assign home visits in Grand Blanc, Michigan to a black certified nurse assistant (C...

Posted: Feb 25, 2026

Commercial P/C Market Softest Since 2017, Says CIAB

Commercial property/casualty premiums across all account sizes in the fourth quarter 2025 were the softest they have been since 2017, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Overall, premiums across all acc...

Posted: Feb 25, 2026

EU Countries Give Final Approval to Weaken Company Sustainability Laws

EU countries on Tuesday gave their final approval to scale back rules that require companies to address environmental and human rights risks in their supply chains, after months of pressure from businesses and governments including the U.S and Qatar....

Posted: Feb 25, 2026

Insurtech Hippo Full-Year Net Income Reverses 2024 Loss

Insurtech Hippo posted fourth-quarter 2025 net income of $6 million, compared with $44 million a year ago during the same period. San Jose, California-based said last year’s Q4 results included the a gain from it sale of a majority stake &#8230...

Posted: Feb 25, 2026

Switzerland to Pay 50,000 Francs to Crans-Montana Fire Victims

Switzerland will pay victims of the deadly bar fire in the Crans-Montana ski resort a “solidarity contribution” of 50,000 francs ($64,500) after the government concluded that the current support system for the affected is insufficient. Th...

Posted: Feb 25, 2026

Update: Switzerland to Pay 50,000 Francs to Crans-Montana Fire Victims

Switzerland will pay victims of the deadly bar fire in the Crans-Montana ski resort a “solidarity contribution” of 50,000 francs ($64,500) after the government concluded that the current support system for the affected is insufficient. Th...

Posted: Feb 25, 2026

Hackers Used AI to Breach 600 Firewalls in Weeks, Amazon Says

Over the last five weeks, a limited number of hackers broke into more than 600 firewalls across dozens of countries with the help of widely available artificial intelligence tools, according to security research from Amazon.com Inc. The small group o...

Posted: Feb 25, 2026

Resilience: Cyber Risk Shifts From Disruption to Long-Tail Losses

Cyberattacks are no longer designed solely to cause immediate business disruption. Instead, they are increasingly engineered to inflict sustained financial, regulatory and reputational damage that lingers well beyond the initial incident, according t...

Posted: Feb 25, 2026

Canada to Press OpenAI Safety Officials in Wake of School Shooting

Canada will press OpenAI officials on Tuesday about their safety protocols after it emerged the ChatGPT maker did not contact police about an account it banned belonging to an alleged mass shooter, a government minister said. Jesse Van Rootselaar, 18...

Posted: Feb 25, 2026

What to Know About Killing of Powerful Cartel Leader ‘El Mencho’ in Mexico

The Mexican army killed the country’s most powerful cartel leader and one of the United States’ most wanted fugitives, notching a major victory while cartel members responded with a wave of violence across the country. The killing Sunday...

Posted: Feb 25, 2026

Surge of Insurance Capital Into Private Markets Boosts Hiring, Pay Deals

The surge of insurance capital into private markets is boosting hiring and pay deals in the sector despite recent jitters, with senior managing directors asking for pay packets of $2.5 million and above. Those are some of the findings in …

Posted: Feb 25, 2026

Tycoon 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...

Posted: Feb 25, 2026

Tycoon Richard Li’s Bolttech in Talks to Buy Thiel-Backed 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...

Posted: Feb 25, 2026

Amex, 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...

Posted: Feb 25, 2026

Tesla 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. …

Posted: Feb 25, 2026

Florida 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 &#...

Posted: Feb 25, 2026

Wynn 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 unauthorize...

Posted: Feb 25, 2026

TWIA 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 a...

Posted: Feb 25, 2026

Deep-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 …

Posted: Feb 25, 2026

People 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...

Posted: Feb 25, 2026

Tow 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 …

Posted: Feb 25, 2026

California 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 alleg...

Posted: Feb 25, 2026

Trump Officials Accuse UCLA in Lawsuit of Ignoring Antisemitism

The U.S. Justice Department filed a civil rights complaint alleging the University of California at Los Angeles created a hostile work environment for Jewish and Israeli employees. UCLA is accused in the lawsuit filed Tuesday of failing to prevent an...

Posted: Feb 25, 2026