Risk Science: What You Need to Read Today
Researcher: Number of Blizzards Doubled in Past 20 Years
USA Today
Snowstorms like the historic blizzard that lashed the East Coast this weekend may be more numerous than they used to be.
Mid-Atlantic Coastline Flooded by Blizzard’s Storm Surge. ‘This is worse than Sandy.’
Washington Post
Enormous swaths of the shoreline were washed out to sea, leaving cliffs of sand in their absence.
The Most Ominous Snow Forecasts For New York City Were Right
Five Thirty Eight
It’s the perfect example of why forecasts that vary based on probability are so important, and why outlier predictions should not be dismissed.
Deadly Cold Snap Sweeps Across Asia
Deutsche Welle
UN predicts extreme weather from climate change is grossly underestimated.
Risk Business: What You Need to Read Today
Debt Swap Gives Seychelles the Cash to Fight Climate Change
Institutional Investor
The deal could act as a model for other developing nations, but will investors step up?
AIG Eyes Ringfence Amid Break-Up Call
Financial Times (sub may be required)
Peter Hancock is expected to seek to sideline activist campaigners this week by showing AIG has a bright future without separating its life and general insurance arms.
$1 Billion Insured Losses in California Fires
AP
The preliminary figure includes $700 million from a fire centered largely in Lake County that killed four and destroyed nearly 2,000 structures
U.S. Blizzard to Cause Multi-Billion Dollar Losses – Report
Reuters
The storm would likely be rated as one of the top 15 winter storms in the Northeast and Mid-Atlantic since 1900.
Costly Insurance Policies Still Needed for the Convention
Crain’s Cleveland Business
As the GOP heads for year’s convention, planners will continue work behind the scenes to secure policies that protect people and places from unforeseen catastrophe.