Risk Science: What You Need to Read Today
Atlantic Hurricane Season Still Expected to be Strongest Since 2012
Phys.org
Forecasters now expect a 70-percent chance of 12–17 named storms, of which 5–8 are expected to become hurricanes, including 2–4 major hurricanes.
A Major Earthquake in the Pacific Northwest Looks Even Likelier
The Atlantic
There is a 17 to 20 percent chance that northern Oregon will be hit by a magnitude-8 quake in the next 50 years.
Why Southern China is a Hotbed for Disease Development
PBS Newshour (video)
Factors such as daily wildlife trade and sewage-filled rivers have repeatedly led to the rise of new viruses in one China region.
Houston Mayor Backs ‘Ike Dike’ Storm-Surge Protection Proposal
Houston Chronicle
The coastal barrier would cost an estimated $6 billion.
Risk Business: What You Need to Read Today
Surprising Stability From Munich Re
Handlesblatt
While the entire industry is struggling, departing Chief Executive Nikolaus von Bomhard may have a surprise up his sleeve at the end of his tenure.
Hastings CEO: Insurance Premiums Soaring
Bloomberg
Hastings outperforms while growing pressure on premiums makes profitability in the insurance industry increasingly difficult.
Business Groups Petition China’s Premier on Cyber Rules
Reuters
New regulations, as well as cyber rules from China’s insurance regulator, include provisions for invasive government security reviews and onerous requirements to keep data in China.
State’s Largest Insurer Withdraws 8.1 Percent Rate-Hike Request for South Florida
Sun Sentinel
Universal Property & Casualty has withdrawn a request for a rate hike throughout the tri-county region after state regulators questioned whether it was “unfairly discriminatory.”
