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# July 22, 2016: Shifting Disaster Bills to States, Tidal Quake Trigger and Insuring the Olympic Dumpster Fire
- URL: https://www.riskmarketnews.com/july-22-2016-shifting-disaster-bills-states-tidal-quake-trigger-insuring-olympic-dumpster-fire/
- Published: 2016-07-22T07:46:07.000Z
- Updated: 2016-07-22T07:46:07.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Tides Trigger Tiny Earthquakes Along the San Andreas Fault Smithsonian](http://www.smithsonianmag.com/smart-news/tides-trigger-tiny-earthquakes-along-san-andreas-fault-180959833/?no-ist&ref=riskmarketnews.com)

The spring tides trigger small tremors deep in the fault, revealing the fault’s structure

### [A Glimpse at Forecasting’s Future](https://www2.ucar.edu/atmosnews/121642/ncar-weather-ensemble-offers-glimpse-forecastings-future?ref=riskmarketnews.com)

#### [ATMOS News](https://www2.ucar.edu/atmosnews/121642/ncar-weather-ensemble-offers-glimpse-forecastings-future?ref=riskmarketnews.com)

NCAR’s high-resolution ensemble forecasting system is unique.

### [Earth On Track for Hottest Year Ever as Warming Speeds Up](http://www.reuters.com/article/us-climatechange-wmo-idUSKCN1011KY?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/us-climatechange-wmo-idUSKCN1011KY?ref=riskmarketnews.com)

June marked the 14th straight month of record heat.

### [First B.C. Offshore Earthquake Early Warning Sensor Up and Running](http://www.cbc.ca/news/canada/british-columbia/first-b-c-offshore-earthquake-early-warning-sensor-up-and-running-1.3689186?ref=riskmarketnews.com)

#### [CBC](http://www.cbc.ca/news/canada/british-columbia/first-b-c-offshore-earthquake-early-warning-sensor-up-and-running-1.3689186?ref=riskmarketnews.com)

Once complete, network will provide up to 90 seconds of warning when the big one strikes.

## Risk Business: What You Need to Read Today

### [FEMA Looks to Shift More Disaster Costs to States](http://www.wsj.com/articles/fema-looks-to-shift-more-disaster-costs-to-states-1469124068?ref=riskmarketnews.com)

#### [WSJ (sub may be required)](http://www.wsj.com/articles/fema-looks-to-shift-more-disaster-costs-to-states-1469124068?ref=riskmarketnews.com)

Proposed deductible would come with incentive, but; some local governments balk at the plan.

### [Sewage Spill, Check. Rerouted Race, Check. Contracting the Zika Virus …](http://www.nytimes.com/2016/07/22/sports/olympics/rio-olympics-insurance-zika-virus.html?%5Fr=0&ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/2016/07/22/sports/olympics/rio-olympics-insurance-zika-virus.html?%5Fr=0&ref=riskmarketnews.com)

Come what may, the Rio Olympics set to begin Aug. 5 will be largely covered. By insurance, that is.

### [China Says Insurers Cannot Be ‘ATMs’ for Corporate Raiders](https://next.ft.com/content/d0228100-4fbd-11e6-8172-e39ecd3b86fc?ref=riskmarketnews.com)

#### [FT (sub may be required)](https://next.ft.com/content/d0228100-4fbd-11e6-8172-e39ecd3b86fc?ref=riskmarketnews.com)

Regulator signals tighter scrutiny of hyper-aggressive upstarts such as Anbang and Banning.

### [Insurance-Linked Securities Q2 2016 Report](http://thoughtleadership.aonbenfield.com/documents/210716%5Faon%5Fsecurities%5Fils%5Fq2%5Fupdate.pdf?ref=riskmarketnews.com)

#### [Aon Benfield (direct to PDF)](http://thoughtleadership.aonbenfield.com/documents/210716%5Faon%5Fsecurities%5Fils%5Fq2%5Fupdate.pdf?ref=riskmarketnews.com)

Following the record-breaking rst quarter for catastrophe bond issuance, issuance in the second quarter of 2016 was relatively light.