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
BBC
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
Fortune
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
Bloomberg
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.