The devastating Los Angeles wildfires in 2025 and U.S. insured catastrophe losses of more than $45 billion for the third consecutive year helped push global economic losses from catastrophes to $224 billion, a report from Moody’s shows. In a year …
FlightAware Sues Kalshi Over Flight-Cancellation Markets
Flight-tracking service FlightAware is suing prediction markets giant Kalshi accusing the company of using its data and name to run “gambling markets on flight cancellations”