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