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# March 14, 2016: Financing Pandemic Risk, Houston's Hurricane Plan Questioned and Insurers Living Less Than Zero 
- URL: https://www.riskmarketnews.com/march-14-2016-financing-pandemic-risk-houstons-hurricane-plan-questioned-insurers-living-less-zero/
- Published: 2016-03-14T07:56:59.000Z
- Updated: 2016-03-14T07:56:59.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [The European Weather Forecast Model Already Kicking America’s Butt Just Improved](http://arstechnica.co.uk/science/2016/03/european-weather-forecasting-model-improved/?ref=riskmarketnews.com)

#### [Ars Technika UK](http://arstechnica.co.uk/science/2016/03/european-weather-forecasting-model-improved/?ref=riskmarketnews.com)

Better resolution will allow the world’s best model to improve local forecasts.

### [New Houston Hurricane Plan Stirs the Pot](http://www.wfaa.com/news/local/texas-news/new-houston-hurricane-plan-stirs-the-pot/79532393?ref=riskmarketnews.com)

#### [WFAA](http://www.wfaa.com/news/local/texas-news/new-houston-hurricane-plan-stirs-the-pot/79532393?ref=riskmarketnews.com)

A new proposal to protect the Houston area from hurricanes is reigniting controversy.

### [Wildfire Emissions Worse in Polluted Areas](http://universityofcalifornia.edu/news/wildfire-emissions-worse-polluted-areas?ref=riskmarketnews.com)

#### [University of California ](http://universityofcalifornia.edu/news/wildfire-emissions-worse-polluted-areas?ref=riskmarketnews.com)

Researchers have found that biomass grown in areas of poor air quality releases more pollutants when burned than biomass grown in clean air.

### [Is the US Ready for the Next Big Pandemic?](http://www.pri.org/stories/2016-03-12/us-ready-next-big-pandemic?ref=riskmarketnews.com)

#### [PRI](http://www.pri.org/stories/2016-03-12/us-ready-next-big-pandemic?ref=riskmarketnews.com)

The possibility of epidemic in a highly globalized world, however, is not the only threat to public health.

## Risk Business: What You Need to Read Today

### 

### [How the Global Financial Community is Dealing with Pandemic Risk](http://www.institutionalinvestor.com/article/3537055/banking-and-capital-markets-emerging-markets/how-the-global-finance-community-is-coping-with-pandemic-risk.html?ref=riskmarketnews.com#/.VuaZrcd2l5w)

#### [Institutional Investor](http://www.institutionalinvestor.com/article/3537055/banking-and-capital-markets-emerging-markets/how-the-global-finance-community-is-coping-with-pandemic-risk.html?ref=riskmarketnews.com#/.VuaZrcd2l5w)

Banks and insurers and developing tools to reduce the impact of pandemics in developing nations.

### [Insurers Hit By Zero Interest Rates](https://global.handelsblatt.com/edition/388/ressort/finance/article/insurers-hit-by-zero-interest-rates?ref=riskmarketnews.com)

#### [Handelsblatt](https://global.handelsblatt.com/edition/388/ressort/finance/article/insurers-hit-by-zero-interest-rates?ref=riskmarketnews.com)

The European Central Bank’s Decision to slash interest rates had hit German life insurance providers hard, and many complain people no longer have an incentive to save into these policies.

### [To Defray His Legal Costs in Defamation Suits, Cosby Turns to His Insurance](http://www.nytimes.com/2016/03/14/arts/television/to-defray-his-legal-costs-in-defamation-suits-cosby-turns-to-his-insurance.html?%5Fr=0&ref=riskmarketnews.com)

#### [Dealbook](http://www.nytimes.com/2016/03/14/arts/television/to-defray-his-legal-costs-in-defamation-suits-cosby-turns-to-his-insurance.html?%5Fr=0&ref=riskmarketnews.com)

Luckily for Cosby, he has homeowners’ insurance.

### [Blackstone Group Near Deal to Sell Hotel Portfolio to Anbang Insurance Group](http://www.wsj.com/articles/blackstone-group-nears-deal-to-sell-hotel-portfolio-to-anbang-insurance-group-1457861656?ref=riskmarketnews.com)

#### [WSJ (sub may be required)](http://www.wsj.com/articles/blackstone-group-nears-deal-to-sell-hotel-portfolio-to-anbang-insurance-group-1457861656?ref=riskmarketnews.com)

China’s Anbang already owns New York’s iconic Waldorf Astoria