Risk Science: What You Need to Read Today
Storms, Tornado Kill Four and Injures 20 in Virginia
UPI
It was the same storm system that killed people in Louisiana and Mississippi just hours earlier.
Cybercrime Surging as Economic Crime Threat
WSJ (sub may be required)
The percentage of companies reporting losses of more than $1 million due to cybercrime incidents doubled since 2014.
Review: ‘Pandemic’ Explains How to Host the Perfect Pathogen Party
New York Times
Sonia Shah does not seek shelter in euphemisms or shy away from scary numbers.
Betting on the Climate to Win Cash
ClimateWire
A Cambridge University climate change economist bet two prominent skeptics £1,000 ($1,400) each that 2015 would not be cooler than 2008.
Risk Business: What You Need to Read Today
Senators Delve Into Insurance Controversy
Tampa Tribune
Citizens warns that years of work to move policies into the private market could be reversed unless action is taken on “assignment of benefits.”
Christchurch City Council Banks $603 Million Insurance Settlement
New Zealand Press
The council had lodged insurance claims worth $920m for its above-ground assets.
Indian Farmers Deep in Debt, Seek Subsidies, Help with Insurance
Reuters
Indian government action to increase spending on irrigation and crop insurance is not enough to end a cycle of indebtedness that has led to thousands of farmer suicides.
Axa Full-Year Profit Rises 12% on Life-Insurance Premiums
Bloomberg
France’s largest insurer said 2015 profit rose 12 percent, helped by higher life-insurance sales in Europe and Asia.