December 6, 2016: More Intense Downpours Expected, Buffett's Tax Boon and the Top Ten Pandemic Threats

Chris Westfall
Chris Westfall

Risk Science: What You Need to Read Today

Extreme Downpours Could increase 400 Percent Across Parts of U.S.

National Science Foundation

A warming climate could also boost individual storm intensity.

Scientists Identify Pandemic Threat Viruses


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

WSJ (sub may be required)

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

How New Mini-Satellites Could Impact Hurricane Forecasts

Government Technology

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


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


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

New York Business Journal

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

Business Insider

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