CRWD

<p>A CrowdStrike update caused a global IT outage and blue screens of death for Windows systems. CrowdStrike's response and the potential impact on cybersecurity and access tech providers are discussed. The incident is seen as a software update gone wrong, resulting in logic errors and crashing of Windows systems. CrowdStrike has provided steps to fix the problem, but the incident has caused significant disruptions.</p>

- CrowdStrike's recent software update triggered a global IT outage, affecting mission-critical operations and causing blue screens of death on Windows devices. The faulty update, impacting 8.5 million devices, raised concerns about CrowdStrike's deep root access and trustworthiness. CrowdStrike's response and stock performance post-outage are under scrutiny for potential long-term implications on customer trust and business impact.
- Kinsale Capital's COO discusses the challenges insurers face in states like Florida due to high exposure to natural catastrophes. The conversation delves into understanding financial companies, the importance of believable loss reserves, and the impact of regulatory interventions on insurance costs. Florida's unique risk profile and economic value pose significant challenges for insurers operating in the state.

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