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24 02, 2026

AI Got Beat by Traditional Models in Forecasting NYC’s Blizzard

By | February 24th, 2026|Uncategorized|Comments Off on AI Got Beat by Traditional Models in Forecasting NYC’s Blizzard

Two days before New York’s biggest snowstorm in a decade began, forecasters were still unsure how much snow would fall. One traditional U.S. model had consistently predicted a major hit, while newer artificial intelligence systems weren’t so certain. The long-running …

25 02, 2026

Trump Officials Accuse UCLA in Lawsuit of Ignoring Antisemitism

By | February 25th, 2026|Uncategorized|Comments Off on 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 and …

25 02, 2026

Vistria Acquires Texas-Based MGA Lumen

By | February 25th, 2026|Uncategorized|Comments Off on Vistria Acquires Texas-Based MGA Lumen

Vistria, a middle market private investment firm with deep sector expertise across essential industries, announced the acquisition of Lumen, a technology-enabled Managing General Agent headquartered in Dallas, Texas. Founded in 2019, Lumen underwrites commercial property, builders’ risk, commercial general liability, …

25 02, 2026

WalkerHughes Acquires Ohio’s Sacksteder Worland Insurance Agency

By | February 25th, 2026|Uncategorized|Comments Off on WalkerHughes Acquires Ohio’s Sacksteder Worland Insurance Agency

WalkerHughes Insurance, a privately held, founder led retail insurance brokerage, announced its expansion into Ohio with the acquisition of Sacksteder Worland Insurance Agency based in Tiffin, Ohio. This partnership represents WalkerHughes’ fourth state of operation, adding to its established presence …

25 02, 2026

Tycoon Richard Li’s Bolttech Is Said in Talks to Buy MoneyHero

By | February 25th, 2026|Uncategorized|Comments Off on 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 valuation …

25 02, 2026

Munich Re Plans to Return €5.3 Billion to Investors

By | February 25th, 2026|Uncategorized|Comments Off on Munich Re Plans to Return €5.3 Billion to Investors

German reinsurer Munich Re announced plans to return €5.3 billion ($6.3 billion) to shareholders through a new buyback program and a higher dividend. The firm aims to repurchase as much as €2.25 billion of its stock, according to a statement …

25 02, 2026

Claims Handling Breakdowns From LA Wildfires One Year on

By | February 25th, 2026|Uncategorized|Comments Off on Claims Handling Breakdowns From LA Wildfires One Year on

It’s been more than a year since the Palisades and Eaton Fires in Los Angeles, and attorneys who work in first‑party property claims are still seeing a steady rise in disputes. That trend isn’t slowing down anytime soon—these claims will …

25 02, 2026

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

By | February 25th, 2026|Uncategorized|Comments Off on 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 …

25 02, 2026

Markets/Coverages: Liberty Mutual, Floodbase Partner on Parametric Flood

By | February 25th, 2026|Uncategorized|Comments Off on Markets/Coverages: Liberty Mutual, Floodbase Partner on Parametric Flood

Floodbase and Liberty Mutual announced the launch of an instant quoting application for parametric flood insurance in the U.S., allowing wholesale and retail brokers to price parametric flood covers in minutes Designed specifically for the U.S. market, Liberty’s pricing engine …

25 02, 2026

One Stolen Luxury Watch An Hour Was Registered on Tracking Platform

By | February 25th, 2026|Uncategorized|Comments Off on One Stolen Luxury Watch An Hour Was Registered on Tracking Platform

Roughly 10,000 luxury watches were registered as lost or stolen in 2025, equating to more than one watch an hour registered on a tracking plaform every hour. That’s according to The Watch Register, a database used by watch dealers, jewelers, …