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Weather Prediction Markets Are Booming, but Can They Improve Forecasts?
A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the prediction market Kalshi. He checked the Times …
POSTED APRIL 15, 2026 2:56 PM |
Progressive Q1 2026 Net Income Up 10%
First quarter 2026 net income at Progressive Corp. increased 10% compared to the same period a year ago to nearly $2.8 billion. Progressive reports results monthly. Net income for March was up 36% to about $712 million. The Mayfield Village, …
POSTED APRIL 15, 2026 2:39 PM |
California Attorney General, DAs Warn About E-Bike Safety and Legal Requirements
California law officials are warning people about the safety dangers and legal requirements of electric bicycles, also known as e-bikes California Attorney General Rob Bonta, Marin County District Attorney Lori Frugoli, San Francisco District Attorney Brooke Jenkins, and San Mateo …
POSTED APRIL 15, 2026 1:49 PM |
Viewpoint: Risk Segmentation to Cover Large Data Centers
A recent high-profile report highlighted a growing challenge for data centers: despite abundant insurance capacity, large data center projects are struggling to secure sufficient coverage. This may seem surprising given the available capacity in the market, but it reflects insurers’ …
POSTED APRIL 15, 2026 1:47 PM |
AI Ruling Prompts Warnings From Lawyers: Your Chats Could Be Used Against You
As people increasingly turn to artificial intelligence for advice, some U.S. lawyers are telling their clients not to treat AI chatbots like trusted confidants when their freedom or legal liability is on the line. These warnings became more urgent after …
POSTED APRIL 15, 2026 12:24 PM |
Australian MedTech Firm EBR Systems Flags Possible Data Breach of Patient Records
Medical technology firm EBR Systems on Wednesday said a cybersecurity incident detected in February may have resulted in unauthorized access to a small amount of personal health information. The company said it became aware of a network disruption around February …
POSTED APRIL 15, 2026 11:23 AM |
Italy Court Allows Class Action Against Meta Over Facebook Data Scraping
A Milan court on Tuesday accepted a class action brought by a consumer group against Meta Platforms over the theft of personal data suffered by Facebook Italy. According to the court order, the data scraping incident, which took place between …
POSTED APRIL 15, 2026 11:07 AM |
Fire Departments Halt Service Due to Lapse in Workers’ Compensation
Last week, two volunteer fire departments in Vandergrift Borough, Pennsylvania suspended their services because their workers’ compensation insurance policies lapsed. State law requires fire departments to have the coverage. Because of the lapse in insurance, the firefighters could not respond …
POSTED APRIL 15, 2026 11:00 AM |
Update: Trump Says Talks With Iran Could Resume Soon, as US Blockades Iranian Ports
President Donald Trump said talks with Iran to end the war could soon resume and end in a deal, telling the world to watch out for an “amazing two days,” while U.S. forces imposing a blockade turned back vessels leaving …
POSTED APRIL 15, 2026 9:09 AM |
Dutch Insurer Aegon Strikes $2.7B Deal to Sell UK Insurance Business to Standard Life
Aegon has agreed to sell its UK insurance business to Standard Life for a total value of 2 billion pounds ($2.7 billion), the Dutch insurer said on Wednesday. The payment would consist of a cash amount of 750 million pounds …
POSTED APRIL 15, 2026 8:05 AM |
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