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# June 8, 2016: Old Insurers Avoid New Risks, Okla Declares Quake Cover Crisis and USGS Rides Wave Model 
- URL: https://www.riskmarketnews.com/june-8-2016-old-insurers-avoid-new-risks-okla-declares-quake-cover-crisis-usgs-rides-wave-model/
- Published: 2016-06-08T07:06:48.000Z
- Updated: 2016-06-08T07:06:48.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [This Hurricane Season, Scientists Bring Wave Action Into the Picture](https://www.usgs.gov/news/hurricane-season-scientists-bring-wave-action-picture-0?ref=riskmarketnews.com)

#### [USGS](https://www.usgs.gov/news/hurricane-season-scientists-bring-wave-action-picture-0?ref=riskmarketnews.com)

New USGS models help predict storm effects on beaches.

### [India’s Colonial-Era Monsoon Forecasting to Get High-Tech Makeover](http://www.reuters.com/article/us-india-monsoon-forecasting-idUSKCN0YT2SE?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/us-india-monsoon-forecasting-idUSKCN0YT2SE?ref=riskmarketnews.com)

India’s meteorology office is spending $60 million on a new supercomputer to improve the accuracy of one of the world’s most vital weather forecasts.

### [Women’s Health in the US is Declining in 4 Key Ways, and Researchers Can’t Explain Why](http://www.vox.com/2016/6/7/11871604/womens-health-obesity-suicide-maternal-mortality?ref=riskmarketnews.com)

#### [Vox](http://www.vox.com/2016/6/7/11871604/womens-health-obesity-suicide-maternal-mortality?ref=riskmarketnews.com)

“There is simply no mistaking the reality that American women are currently dying much earlier than their counterparts in other advanced nations.”

### [When It Comes To U.S. Weather Forecasting: Private, Public Or Both?](http://www.forbes.com/sites/marshallshepherd/2016/06/07/when-it-comes-to-u-s-weather-forecasting-private-public-or-both/?ref=riskmarketnews.com#41a58a324810)

#### [Forbes](http://www.forbes.com/sites/marshallshepherd/2016/06/07/when-it-comes-to-u-s-weather-forecasting-private-public-or-both/?ref=riskmarketnews.com#41a58a324810)

A discussion has emerged on what roles the private and public sector should play within the weather enterprise.

## Risk Business: What You Need to Read Today

### [Insurers Fail to Offer Business Cover for New Risks](https://next.ft.com/content/b480829e-297f-11e6-8b18-91555f2f4fde?ref=riskmarketnews.com)

#### [FT (sub may be required)](https://next.ft.com/content/b480829e-297f-11e6-8b18-91555f2f4fde?ref=riskmarketnews.com)

The industry does not have enough people with an understanding of latest dangers such as cyber security

### [Apple Raises $1.4 Billion in Taiwan on Larger Insurer Appetite](http://www.bloomberg.com/news/audio/2016-06-08/apple-raises-1-4-billion-in-taiwan-on-larger-insurer-appetite?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/audio/2016-06-08/apple-raises-1-4-billion-in-taiwan-on-larger-insurer-appetite?ref=riskmarketnews.com)

Domestic life insurers looking for higher yields are driving the trend.

### [Oklahoma Regulator Declares State’s Earthquake Insurance Market ‘Noncompetitive’](http://newsok.com/article/5502724?ref=riskmarketnews.com)

#### [The Oklahoman](http://newsok.com/article/5502724?ref=riskmarketnews.com)

Some insurers have filed triple-digit rate increases over the past few years.

### [One in Five Pension Investors Confident of Longevity Management Skills](http://www.ipe.com/news/regulation/one-in-five-pension-investors-confident-of-longevity-management-skills/10013688.fullarticle?ref=riskmarketnews.com)

#### [I&PE](http://www.ipe.com/news/regulation/one-in-five-pension-investors-confident-of-longevity-management-skills/10013688.fullarticle?ref=riskmarketnews.com)

Pension funds increasingly recognise the importance of applying more sophisticated risk modeling.