August 30, 2016: Hurricane Season Powers Up, Questioning Take Out Insurer's Solvency and Stop Tweeting Your Spaghetti Models
1 min read

August 30, 2016: Hurricane Season Powers Up, Questioning Take Out Insurer's Solvency and Stop Tweeting Your Spaghetti Models

Risk Science: What You Need to Read Today

Double Whammy or Whiff? Two Hurricanes Eyeing Hawaii’s Big Island; Landfall Prospects Iffy.

Washington Post

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

Yale 360

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

ABC News

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

At This Point, Is It Beneficial to Share Forecast Models on Social Media?

Weather Network

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

FT (sub may be required)

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

Agents, Facing Commission Cuts, Question American Colonial’s Solvency

Florida Politics 

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

Bloomberg

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

Exor Profit Jumps on Fiat Chrysler Results

WSJ (sub may be required)

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

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