February 17, 2015: Japan Rethinks Trench Quake Threat and Canada Invades Brit
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February 17, 2015: Japan Rethinks Trench Quake Threat and Canada Invades Brit

Risk Science: What You Need to Read Today

Government to Revise Damage Estimates From Trench-Linked Quakes

Japan Times

The government plans to revise damage predictions, including the estimated numbers of deaths and building collapses.

Hot Days Are Worse Than Cold Ones, and This Economics Research Proves It

Vox

Everybody talks about the weather. But now someone has subjected it to rigorous mathematical analysis to produce important conclusions about economic growth.

Colorado Considers System to Predict Fire, Flood Behavior

AP

Lawmakers are pondering whether to test new technology designed to predict flooding and wildfire behavior.

The Ups and Downs of North Atlantic Storms

The Guardian

Scientists are using historic accounts of dramatic disasters to build up a record of North Atlantic storms.

Risk Business: What You Need to Read Today

Experts Brainstorm Ways to Fund Cities to Withstand Disasters

Reuters

A USAID official pushed catastrophe bonds, pension funds and trillions of dollars of assets under management, adding that doing more “financial engineering or financial manipulation” could make existing funds available to cities.

Fairfax Financial Agrees to Acquire Specialty Insurer for $1.88 Billion

DealBook

The agreement comes less than a year after Brit, which is based in London, went public.

Liam McGee, CEO Who Led Hartford Through Bailout, Dies at 60

Bloomberg

McGee died Feb. 13 after a two-year battle with cancer, Hartford said Monday in a statement.

Lloyd’s Pays Out $4.2b for NZ Quakes

New Zealand Herald

Insurance giant expects to pay further $1.6b and vows to stay committed to Canterbury and New Zealand.

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