> ## 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.

# June 28, 2016: Banks Model Droughts for Loans, Another 1,000 Flood and Brexit Hangover
- URL: https://www.riskmarketnews.com/june-28-2016-banks-model-droughts-loans-another-1000-flood-brexit-everafter/
- Published: 2016-06-28T08:32:17.000Z
- Updated: 2016-06-28T08:32:17.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [West Virginia Flood Was ‘One in a Thousand Year Event,’ Weather Service Says](https://www.washingtonpost.com/news/capital-weather-gang/wp/2016/06/27/w-va-flood-was-one-in-a-1000-year-event-weather-service-says-more-heavy-rain-forecast/?ref=riskmarketnews.com)

#### [Washington Post](https://www.washingtonpost.com/news/capital-weather-gang/wp/2016/06/27/w-va-flood-was-one-in-a-1000-year-event-weather-service-says-more-heavy-rain-forecast/?ref=riskmarketnews.com)

The torrential rain that inundated parts of southern and central West Virginia on Thursday was truly an exceptional meteorological event that has had devastating consequences.

### [Nature as Storm Defender](http://news.harvard.edu/gazette/story/2016/06/nature-as-storm-defender/?ref=riskmarketnews.com)

#### [Harvard Gazette](http://news.harvard.edu/gazette/story/2016/06/nature-as-storm-defender/?ref=riskmarketnews.com)

Seawalls not only fail often but can promote environmental damage, researcher says.

### [Study Documents Live Zika Virus in Urine and Saliva](http://www.cidrap.umn.edu/news-perspective/2016/06/study-documents-live-zika-virus-urine-and-saliva?ref=riskmarketnews.com)

#### [CIDRAP](http://www.cidrap.umn.edu/news-perspective/2016/06/study-documents-live-zika-virus-urine-and-saliva?ref=riskmarketnews.com)

Findings hint at other possible person-to-person Zika transmission routes.

### [Nine California Wildfires Destroy Almost 70,000 Acres](http://www.latimes.com/local/lanow/la-me-ln-wildfire-update-20160627-snap-story.html?ref=riskmarketnews.com)

#### [LA Times](http://www.latimes.com/local/lanow/la-me-ln-wildfire-update-20160627-snap-story.html?ref=riskmarketnews.com)

The deadly Erskine fire in Kern County is the largest of the fires and has so far burned 45,388 acres since it began late Thursday.

## Risk Business: What You Need to Read Today

### [SPECIAL REPORT: The Future of Insurance](https://next.ft.com/stream/specialReportsId/NDFhZDZmOGYtNjRhYi00MTQ3LTg4ZmEtMjUxZmY3ZjM1NDg4-U3BlY2lhbFJlcG9ydHM=?ref=riskmarketnews.com)

#### [FT (sub may be required)](https://next.ft.com/stream/specialReportsId/NDFhZDZmOGYtNjRhYi00MTQ3LTg4ZmEtMjUxZmY3ZjM1NDg4-U3BlY2lhbFJlcG9ydHM=?ref=riskmarketnews.com)

From Brexit worries to Africa’s insurance market a ‘giant waking up.’

### [Banks Tackle Drought-Related Default with New Risk Model](http://www.institutionalinvestor.com/article/3564831/asset-management-macro/banks-tackle-drought-related-loan-default-with-new-risk-model.html?ref=riskmarketnews.com#/.V3Jgmld2lwA)

#### [Institutional Investor](http://www.institutionalinvestor.com/article/3564831/asset-management-macro/banks-tackle-drought-related-loan-default-with-new-risk-model.html?ref=riskmarketnews.com#/.V3Jgmld2lwA)

UBS and eight fellow banks are working with the UN and the German government to measure drought in their lending portfolios.

### [Mass Shootings Have Insurers Going on Offense](http://www.cbsnews.com/news/mass-shootings-have-insurers-going-on-offense/?ref=riskmarketnews.com)

#### [CBS News](http://www.cbsnews.com/news/mass-shootings-have-insurers-going-on-offense/?ref=riskmarketnews.com)

Insurers, such as XL Catlin and GDP Advisors, now offer specific “active shooter” policies.

### [Brexit Vote Prompts Fears Over UK Insurers’ Capital Strength](http://uk.reuters.com/article/uk-britain-eu-insurers-idUKKCN0ZD1YC?ref=riskmarketnews.com)

#### [Reuters](http://uk.reuters.com/article/uk-britain-eu-insurers-idUKKCN0ZD1YC?ref=riskmarketnews.com)

Market falls triggered by Britain’s vote to leave the European Union will hit British insurers’ capital, raising concerns over their ability to pay dividends or hand cash back to investors.