March 11, 2015: California Quake Risk Intensifies, Canadian Catastrophe Fund May Come Up Short and a Flash Flood Model Breakthrough

Chris Westfall
Chris Westfall

Risk Science: What You Need to Read Today

Risk of 8.0 Earthquake in California Rises, USGS Says

LA Times

Estimates of the chance of a magnitude 8.0 or greater earthquake hitting California in the next three decades have been raised from about 4.7% to 7%.

Hydrologic Model May Predict Flash Flooding

Laboratory Equipment

Researchers were able to understand flood genesis by zeroing in on the impacts of certain rainfall patterns at the smallest unit of a river basin: the hillslope scale.

Protecting Manhattan from another Hurricane Sandy

Daily Mail

Animated video shows what the Danish designed Manhattan Dryline will look like with green space and pavilions.

Florida Isn’t the Only State Trying to Shut Down Discussion of Climate Change


In a growing number of states, conservatives have been taking a rather novel approach to climate change — simply preventing people from talking about it.

Risk Business: What You Need to Read Today

Cost of Another Rail Catastrophe Could Outstrip Compensation Fund

Toronto Star

Critics say Ottawa is lowballing its demands for railway insurance and oil industry payments to a disaster fund.

Munich Re Continues Share Buybacks Amid Falling Profit


Munich Re plans to repurchase an additional 1 billion euros ($1.1 billion) of its own shares before its 2016 shareholder meeting.

Disaster Damage Expected to Hit $300 billion Yearly as Events Intensify


Investing in insurance programs for poor farmers today could save tens of billions of dollars in coming decades as climate change upsets growing patterns.

Why Hedge Funds Still Make Sense for Pension Funds


Politics rather than rational portfolio construction contributed to a series of recent pension fund defections from the the hedge fund industry.