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# August 30, 2016: Hurricane Season Powers Up, Questioning Take Out Insurer's Solvency and Stop Tweeting Your Spaghetti Models
- URL: https://www.riskmarketnews.com/august-30-2016-hurricane-season-powers-questioning-take-insurers-solvency-stop-tweeting-spaghetti-models/
- Published: 2016-08-30T08:00:26.000Z
- Updated: 2016-08-30T08:00:26.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Double Whammy or Whiff? Two Hurricanes Eyeing Hawaii’s Big Island; Landfall Prospects Iffy.](https://www.washingtonpost.com/news/capital-weather-gang/wp/2016/08/29/double-whammy-or-whiff-two-hurricanes-eyeing-hawaiis-big-island-landfall-prospects-iffy/?ref=riskmarketnews.com)

#### [Washington Post](https://www.washingtonpost.com/news/capital-weather-gang/wp/2016/08/29/double-whammy-or-whiff-two-hurricanes-eyeing-hawaiis-big-island-landfall-prospects-iffy/?ref=riskmarketnews.com)

Two hurricanes lined up in the Pacific Ocean may come within striking distance of Hawaii’s Big Island in the next five days.

### [Thousands of Homes Keep Flooding, Yet They Keep Being Rebuilt Again](http://e360.yale.edu/digest/thousands%5Fof%5Fus%5Fhomes%5Fkeep%5Fflooding%5Fand%5Fbeing%5Frebuilt%5Ffema%5Finsurance%5Flouisiana/4792/?ref=riskmarketnews.com)

#### [Yale 360](http://e360.yale.edu/digest/thousands%5Fof%5Fus%5Fhomes%5Fkeep%5Fflooding%5Fand%5Fbeing%5Frebuilt%5Ffema%5Finsurance%5Flouisiana/4792/?ref=riskmarketnews.com)

As climate change further strains flood insurance, analysts say it is time to shift its focus from rebuilding to mitigating risk.

### [Active Tropics in the Atlantic as Peak Hurricane Season Begins](http://abcnews.go.com/US/active-tropics-atlantic-peak-hurricane-season-begins/story?id=41726772&ref=riskmarketnews.com)

#### [ABC News](http://abcnews.go.com/US/active-tropics-atlantic-peak-hurricane-season-begins/story?id=41726772&ref=riskmarketnews.com)

There are currently two tropical depressions churning in the Atlantic Basin.

### [At This Point, Is It Beneficial to Share Forecast Models on Social Media?](https://weather.com/news/news/hurricane-models-spaghetti-plots-social-media-meteorologists?ref=riskmarketnews.com)

#### [Weather Network](https://weather.com/news/news/hurricane-models-spaghetti-plots-social-media-meteorologists?ref=riskmarketnews.com)

An important piece of weather forecasting has gone mainstream, and it can have as many bad ramifications as good.

## Risk Business: What You Need to Read Today

### [Brexit Prompts UK Insurance Sell-Offs](https://www.ft.com/content/9327f2f0-6b6d-11e6-ae5b-a7cc5dd5a28c?ref=riskmarketnews.com)

#### [FT (sub may be required)](https://www.ft.com/content/9327f2f0-6b6d-11e6-ae5b-a7cc5dd5a28c?ref=riskmarketnews.com)

Phoenix chief says vote will move foreign players to offload life books.

### [Agents, Facing Commission Cuts, Question American Colonial’s Solvency](http://floridapolitics.com/archives/220640-insurance-agents?ref=riskmarketnews.com)

#### [Florida Politics ](http://floridapolitics.com/archives/220640-insurance-agents?ref=riskmarketnews.com)

Insurance agents has urged Florida regulators to investigate the solvency of one of the private insurers tapped to take over property coverage from the state’s insurer of last resort.

### [Low Rates European Sickness for Top Listed Norwegian Insurer](http://www.bloomberg.com/news/articles/2016-08-29/low-rates-are-european-sickness-for-top-listed-norwegian-insurer?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-08-29/low-rates-are-european-sickness-for-top-listed-norwegian-insurer?ref=riskmarketnews.com)

Cheap money could have unknown consequences for Europe’s insurers.

### [Exor Profit Jumps on Fiat Chrysler Results](http://www.wsj.com/articles/exor-profit-jumps-on-fiat-chrysler-results-1472480677?ref=riskmarketnews.com)

#### [WSJ (sub may be required)](http://www.wsj.com/articles/exor-profit-jumps-on-fiat-chrysler-results-1472480677?ref=riskmarketnews.com)

The Italian holding company’s first-half profit almost doubled on results from reinsurance company PartnerRe.