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# March 15, 2016: China's Buffett, Taiwan's Massive Liquefaction Problem and Seeking Florida's Next Top Insurance Regulator
- URL: https://www.riskmarketnews.com/march-15-2016-chinas-buffett-taiwans-massive-liquefaction-problem-seeking-floridas-next-top-insurance-regulator/
- Published: 2016-03-15T09:18:01.000Z
- Updated: 2016-03-15T09:18:01.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [New Study Shows Widespread Risk of Quake Damage in Taiwan](http://www.latimes.com/world/asia/la-fg-taiwan-quake-safety-20160314-story.html?ref=riskmarketnews.com)

#### [LA Times](http://www.latimes.com/world/asia/la-fg-taiwan-quake-safety-20160314-story.html?ref=riskmarketnews.com)

Eight cities and counties, including about half of the capital, Taipei, are highly vulnerable to structural collapse in an earthquake.

### [Newest Weather Service Forecasting Tool: Supercomputers](http://www.cbsnews.com/news/national-weather-service-noaa-two-supercomputers-upgrades-better-forecasting/?ref=riskmarketnews.com)

#### [CBS](http://www.cbsnews.com/news/national-weather-service-noaa-two-supercomputers-upgrades-better-forecasting/?ref=riskmarketnews.com)

“Luna” is half of the government’s $44.5 million improvement to its forecasting system.

### [Rising Sea Levels May Disrupt Lives of Millions, Study Says](http://www.nytimes.com/2016/03/15/science/rising-sea-levels-global-warming-climate-change.html?ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/2016/03/15/science/rising-sea-levels-global-warming-climate-change.html?ref=riskmarketnews.com)

Sea-level rise could disrupt the lives of more than 13 million people in the United States, three times the most current estimates.

### [The Planet Had its Biggest Temperature Spike in Modern History in February](https://www.washingtonpost.com/news/capital-weather-gang/wp/2016/03/14/the-planet-had-its-biggest-temperature-spike-in-modern-history-in-february/?ref=riskmarketnews.com)

#### [Washington Post](https://www.washingtonpost.com/news/capital-weather-gang/wp/2016/03/14/the-planet-had-its-biggest-temperature-spike-in-modern-history-in-february/?ref=riskmarketnews.com)

The global temperature in February took its greatest leap in 136 years of record-keeping.

## Risk Business: What You Need to Read Today

### [The Chinese Dealmaker Following Buffett’s Lead](http://www.bloomberg.com/news/articles/2016-03-14/behind-anbang-s-deal-making-a-bold-buffett-of-china-rises?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2016-03-14/behind-anbang-s-deal-making-a-bold-buffett-of-china-rises?ref=riskmarketnews.com)

Wu Xiaohui has transformed Anbang Insurance from an obscure player in China’s insurance industry into a juggernaut with global ambitions.

### [Ambac Financial Shareholder Begins Proxy Fight](http://www.nytimes.com/2016/03/15/business/dealbook/ambac-shareholder-begins-proxy-fight.html?ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/2016/03/15/business/dealbook/ambac-shareholder-begins-proxy-fight.html?ref=riskmarketnews.com)

An activist shareholder in the Ambac Financial Group kicked off a board fight at the insurance firm on Monday.

### [Next Florida Insurance Commissioner? Surge Brings 55 Applicants](http://www.mypalmbeachpost.com/news/news/next-florida-insurance-commissioner-surge-brings-5/nqkcf/?ref=riskmarketnews.com)

#### [Palm Beach Post](http://www.mypalmbeachpost.com/news/news/next-florida-insurance-commissioner-surge-brings-5/nqkcf/?ref=riskmarketnews.com)

Among those filing near the deadline: State Rep. Bill Hager, R-Delray Beach and a former Iowa insurance commissioner, and John Rollins, chief risk officer at Citizens Property Insurance Corp.

### [The King Leaves the Court](https://global.handelsblatt.com/edition/389/ressort/finance/article/the-king-leaves-the-court?ref=riskmarketnews.com)

#### [Handelsblatt](https://global.handelsblatt.com/edition/389/ressort/finance/article/the-king-leaves-the-court?ref=riskmarketnews.com)

Nikolaus von Bomhard has headed the DAX-listed reinsurer for 12 years, but does not want to extend his contract further.