> ## Content Index
> Fetch the complete content index at: https://www.riskmarketnews.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# January 6, 2016: CCRIF Under Scrutiny, Flooding UK Insurance Balance Sheets and Big Quake Prediction
- URL: https://www.riskmarketnews.com/january-6-2016-ccrif-under-scrutiny-flooding-uk-insurance-balance-sheets-and-big-quake-prediction/
- Published: 2016-01-06T09:42:27.000Z
- Updated: 2016-01-06T09:42:27.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Big Earthquake Coming, Warn MHA Experts](http://timesofindia.indiatimes.com/india/Big-earthquake-coming-warn-MHA-experts/articleshow/50460633.cms?ref=riskmarketnews.com)

#### [Times of India](http://timesofindia.indiatimes.com/india/Big-earthquake-coming-warn-MHA-experts/articleshow/50460633.cms?ref=riskmarketnews.com)

The Union home ministry’s disaster management experts have warned of a magnitude of 8.2 or greater on the Richter scale which may hit the already ruptured Himalayan region.

### [El Niño Flooding Made Worse by Garbage, Debris Dumping](http://www.latimes.com/local/lanow/la-me-ln-el-nino-flooding-made-worse-by-garbage-debris-dumping-20160105-story.html?ref=riskmarketnews.com)

#### [LA Times](http://www.latimes.com/local/lanow/la-me-ln-el-nino-flooding-made-worse-by-garbage-debris-dumping-20160105-story.html?ref=riskmarketnews.com)

Heavy rain, of course, is a major factor. But trash is another. Garbage and debris clog storm drains.

### [Wettest and Warmest December ‘Won’t Become Norm for Decades’](http://www.bbc.com/news/uk-35228779?ref=riskmarketnews.com)

#### [BBC](http://www.bbc.com/news/uk-35228779?ref=riskmarketnews.com)

A wet, but mild, December was a record-breaking month, the UK Met Office’s final figures show – so why was it so extreme and can we expect more of the same?

### [Oregon’s Longer Wildfire Seasons Create Funding Problem](http://www.statesmanjournal.com/story/tech/science/environment/2016/01/05/oregons-longer-wildfire-seasons-create-funding-problem/78306908/?ref=riskmarketnews.com)

#### [Statesman Journal](http://www.statesmanjournal.com/story/tech/science/environment/2016/01/05/oregons-longer-wildfire-seasons-create-funding-problem/78306908/?ref=riskmarketnews.com)

Oregon is facing a “new normal” when it comes to forest fires, so a special task force has begun working on a plan for sustainable funding for firefighting.

## Risk Business: What You Need to Read Today

### [U.K. Floods: Testing Insurers’ Defenses](http://www.wsj.com/articles/u-k-floods-testing-insurers-defenses-1452083931?ref=riskmarketnews.com)

#### [WSJ (sub may be required)](http://www.wsj.com/articles/u-k-floods-testing-insurers-defenses-1452083931?ref=riskmarketnews.com)

Insurer with biggest market share will see smaller hit to earnings than U.K. rivals.

### [Arscott Wants Disaster Insurance Renegotiated](http://jamaica-gleaner.com/article/lead-stories/20160106/arscott-wants-disaster-insurance-renegotiated?ref=riskmarketnews.com)

#### [Jamaica Gleaner](http://jamaica-gleaner.com/article/lead-stories/20160106/arscott-wants-disaster-insurance-renegotiated?ref=riskmarketnews.com)

Minister of Local Government and Community Development Noel Arscott has expressed dissatisfaction with the Caribbean Catastrophe Risk Insurance Facility .

### [Florida Chief Insurance Regulator Kevin McCarty Resigns](http://www.miamiherald.com/news/business/article53130525.html?ref=riskmarketnews.com)

#### [Miami Herald](http://www.miamiherald.com/news/business/article53130525.html?ref=riskmarketnews.com)

McCarty held the top regulatory job for more than a decade, including hurricane-intensive years of 2004-06

### [Florida Chief Insurance Regulator Kevin McCarty Resigns](http://www.miamiherald.com/news/business/article53130525.html?ref=riskmarketnews.com)

#### [Miami Herald](http://www.miamiherald.com/news/business/article53130525.html?ref=riskmarketnews.com)

McCarty held the top regulatory job for more than a decade, including hurricane-intensive years of 2004-06

### [Ambac, FGIC Covering Puerto Rico Bond Payments After Default](http://www.bloomberg.com/news/articles/2016-01-05/ambac-fgic-covering-puerto-rico-bond-payments-after-default?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-01-05/ambac-fgic-covering-puerto-rico-bond-payments-after-default?ref=riskmarketnews.com)

Insurance companies that guarantee a Puerto Rico agency’s bonds are covering some payments that the island’s government defaulted on this month.