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# December 6, 2016: More Intense Downpours Expected, Buffett's Tax Boon and the Top Ten Pandemic Threats
- URL: https://www.riskmarketnews.com/december-6-2016-intense-downpours-expected-buffetts-tax-boon-top-ten-pandemic-threats/
- Published: 2016-12-06T06:26:15.000Z
- Updated: 2016-12-06T06:26:15.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Extreme Downpours Could increase 400 Percent Across Parts of U.S.](https://www.nsf.gov/news/news%5Fsumm.jsp?cntn%5Fid=190537&org=NSF&from=news&ref=riskmarketnews.com)

#### [National Science Foundation](https://www.nsf.gov/news/news%5Fsumm.jsp?cntn%5Fid=190537&org=NSF&from=news&ref=riskmarketnews.com)

A warming climate could also boost individual storm intensity.

### [Scientists Identify Pandemic Threat Viruses](http://www.bbc.com/news/uk-scotland-edinburgh-east-fife-38207006?ref=riskmarketnews.com)

#### [BBC](http://www.bbc.com/news/uk-scotland-edinburgh-east-fife-38207006?ref=riskmarketnews.com)

Experts at the University of Edinburgh have pinpointed more than 30 infections that are likely candidates for the next major pandemic.

### [City to Draw on Capital Funds to Pay for Storm-Protection Upgrades](http://www.wsj.com/articles/city-to-draw-on-capital-funds-to-pay-for-storm-protection-upgrades-1480990525?ref=riskmarketnews.com)

#### [WSJ (sub may be required)](http://www.wsj.com/articles/city-to-draw-on-capital-funds-to-pay-for-storm-protection-upgrades-1480990525?ref=riskmarketnews.com)

Federal Sandy money was originally supposed to be used, but funds went to other projects

### [How New Mini-Satellites Could Impact Hurricane Forecasts](http://www.govtech.com/public-safety/How-New-Mini-Satellites-Could-Impact-Hurricane-Forecasts.html?ref=riskmarketnews.com)

#### [Government Technology](http://www.govtech.com/public-safety/How-New-Mini-Satellites-Could-Impact-Hurricane-Forecasts.html?ref=riskmarketnews.com)

A convoy of mini-satellites will use GPS to measure wind speeds at the warm surface core of tropical cyclones — where ocean meets air.

## Risk Business: What You Need to Read Today

### [Donald Trump’s Tax Plan Could Boost Warren Buffett’s Company by $29 Billion](http://fortune.com/2016/12/05/donald-trump-tax-warren-buffett/?ref=riskmarketnews.com)

#### [Fortune](http://fortune.com/2016/12/05/donald-trump-tax-warren-buffett/?ref=riskmarketnews.com)

Berkshire could get a $29 billion boost to its book value as a result of the president-elect’s plan to lower corporate taxes from an estimated 35% to around 15%.

### [Start Worrying About Long-Term Care](https://www.bloomberg.com/view/articles/2016-12-05/start-worrying-about-long-term-care?ref=riskmarketnews.com)

#### [Bloomberg](https://www.bloomberg.com/view/articles/2016-12-05/start-worrying-about-long-term-care?ref=riskmarketnews.com)

Two small insurers in Pennsylvania could soon become one of the nation’s costliest insurance failures ever.

### [P2P Insurance Provider Lemonade Gets Served a New Round of Funding](http://www.bizjournals.com/newyork/news/2016/12/05/p2p-insurance-provider-lemonade-gets-served-a-new.html?ref=riskmarketnews.com)

#### [New York Business Journal](http://www.bizjournals.com/newyork/news/2016/12/05/p2p-insurance-provider-lemonade-gets-served-a-new.html?ref=riskmarketnews.com)

Lemonade now has another $34 million at its disposal thanks to financing being classified as a Series B funding round.

### [Liberty Mutual is Buying an Insurance Company from a Chinese Giant for About $3 Billion](http://www.businessinsider.com/liberty-mutual-to-buy-ironshore-from-fosun-2016-12?ref=riskmarketnews.com)

#### [Business Insider](http://www.businessinsider.com/liberty-mutual-to-buy-ironshore-from-fosun-2016-12?ref=riskmarketnews.com)

Ironshore has three “operating hubs” in the US, Bermuda, and London.