Risk Science: What You Need to Read Today
Cascadia Rising Doomsday Earthquake Drill to Include U.S., B.C.
CBC
The exercise will test how agencies work together when a mega-quake rips along the Cascadia Subduction Zone and unleashes a killer tsunami.
Tropical Storm Colin Threatens Florida, Southeastern U.S.
Reuters
The storm, expected to hit Florida’s Gulf Coast by Monday afternoon, began drenching parts of the southeastern United States on Sunday.
Fort McMurray Wildfire ‘Most Likely Human Caused,’ Alberta Senior Wildfire Manager Says
Globe and Mail
The fire was probably the result of human action–a broad category that includes everything from careless ATV drivers to issues with power lines.
Goodbye Carbon Footprint? New Climate Risk Tools Take Shape
Institutional Investor
German Insurers Allianz and other players have developed a new model that seeks to better reflect companies’ adaption of emission rules.
Risk Business: What You Need to Read Today
French Insurers Meet to Assess Worst Floods in 30 Years
Bloomberg
The French insurance-industry association AFA estimated the costs may reach 600 million euros ($682 million) on June 3
Worst-Case Scenario: Vancouver Oil Disaster Could Cost $6 billion
The Columbian
Insurance expert testifies to EFSEC that no policy could cover those costs.
Insurance Claims From Storms Hit $38 Million
Sydney Morning Herald
Customers in NSW and Queensland have made 11,150 insurance claims over damage caused by the heavy rainfall, storms and flooding.
The Innovative Finance Revolution
Foreign Affairs
A new model has emerged with collaborations among the private sector, nonprofit organizations, and governments resulting in innovative new approaches to disaster response.
