renzume.

Risk Management

Florida insurance companies steered money to investors while claiming losses, study says

Florida insurance companies reported losses while their parent companies and affiliates made billions in profits between 2017-2019, according to a previously unreleased 2022 study. The report reveals executives distributed $680 million in dividends and diverted billions to affiliate companies, potentially violating state regulations. State regulators are now pushing for more oversight and changes to how insurers pay affiliates.

My Washing Machine Refreshed My Thinking on Software Effort Estimation — Cosive

A personal experience installing a washing machine reveals parallels with software development estimation challenges, where unexpected obstacles turned a '10-minute job' into a 4-hour endeavor. The narrative illustrates how 'unknown unknowns' and seemingly trivial differences can significantly impact project timelines, particularly relevant in ever-evolving technology environments.

Terence Tao (@tao@mathstodon.xyz)

High-dimensional dynamical systems can operate in two regimes: effective dynamics with simplified models, and a more complex regime without effective dynamics. Modern global systems are transitioning from predictable patterns to more uncertain, nonlinear states where traditional models may fail. Complex challenges require nuanced solutions that combine simplified models with awareness of their limitations and diverse human expertise.