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IMA Financial Group Completes Equity Recapitalization
Insurance brokerage IMA Financial Group, Inc. announced the completion of an equity recapitalization transaction. Oak Hill Capital and New Mountain Capital are each taking minority positions, with additional participation from HarbourVest Partners and a select group of prominent institutional co-investors. …
POSTED MAY 14, 2026 12:31 PM |
Judge Says Cannot ‘Rubber Stamp’ $1.5 Million Musk-SEC Deal
A federal judge cited “red flags” about a proposed $1.5 million deal between Elon Musk and the Securities and Exchange Commission to end the agency’s lawsuit alleging the world’s richest person waited too long in 2022 to reveal his growing …
POSTED MAY 14, 2026 11:40 AM |
US Efforts to End Iran War Stumble as Ship Seized Near UAE
US efforts to end the war with Iran were dealt a setback after a commercial vessel was apparently seized by unauthorized personnel near the United Arab Emirates, increasing uncertainty over control of the critical Strait of Hormuz. The ship, whose …
POSTED MAY 14, 2026 11:00 AM |
Viewpoint: Why Speedy Payouts Matter in EU Plan to Close Insurance Protection Gap
Executive summary: With plans for an EU natural disaster insurance fund in the works, EIP’s founder and CEO Ross Sinclair explores the need to improve the speed of the payout process as an essential part of building climate resilience. As …
POSTED MAY 14, 2026 9:18 AM |
From AirTags to AI Nudification: The Growing Toolkit of Technology-Facilitated Abuse
It’s hard to overstate the impact that artificial intelligence has had since the release of generative AI platforms such as ChatGPT just three years ago. While they have led to countless advances in how we live and work, they have …
POSTED MAY 14, 2026 9:05 AM |
Dallas Exurb Hits Pause on Data Centers in Rare Texas Rebuke
A small Texas county outside Dallas approved a one-year moratorium on new data center and energy storage developments, pushing back against the growing number of large-scale projects fueling the artificial-intelligence boom across the state. Hill County had been approached by …
POSTED MAY 14, 2026 8:00 AM |
Louisiana Officials Agree to $4.8M Settlement in Death of Black Motorist
Louisiana officials have agreed to a tentative $4.8 million settlement with the family of Ronald Greene, a Black motorist who died during a violent 2019 roadside arrest carried out by five white officers, two people with knowledge of the agreement …
POSTED MAY 14, 2026 6:04 AM |
Odey Settles Sexual Assault Cases Ahead of London Trial
Hedge fund boss Crispin Odey has settled a handful of personal injury claims brought by women claiming sexual assault. Odey bought an end to the claims ahead of a London trial due to start next month, according to a lawyer …
POSTED MAY 14, 2026 5:10 AM |
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’
You’d have to roll back the calendar a few decades to find a time when competitive moves by the nation’s biggest auto and home insurer were described with the phrase, “The big dog is off the porch.” Still, against the …
POSTED MAY 14, 2026 5:05 AM |
LP Acquires Benefits Consulting Practice of Van Noy Consulting Group in Nevada
LP Insurance Services acquired the employee benefits consulting practice of Van Noy Consulting Group in Nevada. The deal includes the addition of Terry Van Noy as an employee benefits consultant. Van Noy has more than five decades of leadership and …
POSTED MAY 14, 2026 5:00 AM |
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