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# August 3, 2016: Canada Needs a Quake Fund, Earl's Real Threat and Scientists Model Zika's Spread While Lawmakers Ignore It
- URL: https://www.riskmarketnews.com/august-3-2016-canada-needs-quake-fund-earls-real-threat-scientists-model-zikas-spread-lawmakers-ignore/
- Published: 2016-08-03T07:35:36.000Z
- Updated: 2016-08-03T07:35:36.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Tropical Storm Earl Bears Down on Mexico, Belize and Honduras](https://www.theguardian.com/world/2016/aug/02/tropical-storm-earl-mexico-belize-honduras?ref=riskmarketnews.com)

#### [Guardian](https://www.theguardian.com/world/2016/aug/02/tropical-storm-earl-mexico-belize-honduras?ref=riskmarketnews.com)

Wind, rainfall and rising seas present ‘triple threat’ say US meteorologists.

### [These Scientists Called the Zika Outbreak in Miami Months Ago](https://www.technologyreview.com/s/602075/these-scientists-called-the-zika-outbreak-in-miami-months-ago/?ref=riskmarketnews.com)

#### [MIT Technology News](https://www.technologyreview.com/s/602075/these-scientists-called-the-zika-outbreak-in-miami-months-ago/?ref=riskmarketnews.com)

Computer modeling of mosquitoes, climate, and human travel patterns put South Florida in the crosshairs.

### [When Zika Got Political, American Cities Got Screwed](http://www.wired.com/2016/08/zika-got-political-american-cities-got-screwed/?ref=riskmarketnews.com)

#### [Wired](http://www.wired.com/2016/08/zika-got-political-american-cities-got-screwed/?ref=riskmarketnews.com)

Zika outbreaks going undetected in low-income areas is a real concern.

### [Reach in and Touch Objects in Videos with “Interactive Dynamic Video”](http://news.mit.edu/2016/touching-objects-in-videos-with-interactive-dynamic-video-0802?ref=riskmarketnews.com)

#### [MIT News](http://news.mit.edu/2016/touching-objects-in-videos-with-interactive-dynamic-video-0802?ref=riskmarketnews.com)

The technique from Computer Science and Artificial Intelligence Lab could improve augmented reality, including, earthquake simulations.

## Risk Business: What You Need to Read Today

### [Insurance Sector Vulnerable to Large-Scale Earthquake, Former Bank Regulator Says](http://business.financialpost.com/news/fp-street/insurance-sector-vulnerable-to-large-scale-earthquake-former-bank-regulator-says?ref=riskmarketnews.com)

#### [Financial Post](http://business.financialpost.com/news/fp-street/insurance-sector-vulnerable-to-large-scale-earthquake-former-bank-regulator-says?ref=riskmarketnews.com)

A federal emergency backstop arrangement is needed for the country’s property and casualty insurers.

### [AIG Curtails Event-Driven, Long-Short Bets in Hedge Fund Retreat](http://www.bloomberg.com/news/articles/2016-08-03/aig-curtails-event-driven-long-short-bets-in-hedge-fund-retreat?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-08-03/aig-curtails-event-driven-long-short-bets-in-hedge-fund-retreat?ref=riskmarketnews.com)

Event-driven holdings were cut 41 percent to $700 million.

### [Public Hearing Set for Proposed Citizens Insurance Rate Hike](http://www.sun-sentinel.com/business/consumer/fl-citizens-public-hearing-20160802-story.html?ref=riskmarketnews.com)

#### [Sun Sentinel](http://www.sun-sentinel.com/business/consumer/fl-citizens-public-hearing-20160802-story.html?ref=riskmarketnews.com)

The company said its rate hikes stemmed from increases in non-weather-related water claims and resulting lawsuits.

### [AIG, MetLife Report Earnings as Big Changes Loom](http://blogs.wsj.com/moneybeat/2016/08/02/aig-metlife-report-earnings-as-big-changes-loom/?ref=riskmarketnews.com)

#### [WSJ (sub may be required)](http://blogs.wsj.com/moneybeat/2016/08/02/aig-metlife-report-earnings-as-big-changes-loom/?ref=riskmarketnews.com)

Some big insurers may be about to give some hints about some big changes they have in store.