July 1, 2016: Insurers Prepare for Puerto Rico Wipeout and Brexit Fallout, Fracking Cuts Curb Quakes
1 min read

July 1, 2016: Insurers Prepare for Puerto Rico Wipeout and Brexit Fallout, Fracking Cuts Curb Quakes

Risk Science: What You Need to Read Today

Hotter Years, More Fires

Climate Central

Climate changes are creating more days where forests and grasslands are dried out and ready to burn.

Oklahoma Quakes Decline Amid Curbs on Energy Industry’s Disposal Wells

WSJ (sub may be required)

Drop attributed to restrictions on oil and gas companies’ pumping of wastewater from underground operations.

Google Adds Recent Earthquake Info to its Search Results

TechCrunch

Searching for ‘earthquake’ will now bring up a map of recent earthquakes with basic information about them.

Scientists Observe First Signs of Healing in the Antarctic Ozone Layer

MIT News

September ozone hole has shrunk by 4 million square kilometers since 2000.

Risk Business: What You Need to Read Today

Insurers Push for a Voice in Brexit Talks

FT (sub may be required)

The insurance industry is stepping up its lobbying efforts to prepare for Brexit as it faces losing business to other parts of the EU.

Bond Insurers Prepare for the Worst in Puerto Rico

WSJ (sub may be required)

Governor says island commonwealth won’t be able to cover nearly $2 billion in looming bond payments.

Reinsurance Rates Soften in June/July Renewal Season: Willis

Reuters

Reinsurance rates have softened in the June/July renewals season, against a backdrop of overcapacity, although the pace of the price reductions has slowed.

Predicting the Unpredictable: Considerations for Rate Filing Support When Implementing Predictive Models

Milliman

Regulators may also require a variety of support because of the black-box nature of predictive models.

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