March 15, 2017: Lies and Flood Risk, Feds Push Higher Rocket Cover and Predicting the Weather is Hard

The Great Lie of American Flood Risk
The federal government is dramatically undervaluing the risk of flooding for homes or businesses

FAA Mandating Higher Insurance Coverage for SpaceX Rockets
WSJ (sub may be required)
Falcon 9 rocket carries $63 million in prelaunch liability coverage.

Kushners, Trump In-Laws, Weigh $400 Million Deal With Chinese Firm
New York Times
A real estate company owned by the family of President Trump’s son-in-law has been negotiating to sell a $400 million with Chinese insurance company.

The Sky Can Be a Limit When Using Technology to Predict the Weather
Accurate weather forecasts can save both lives and a lot of money. But overstated predictions can often be costly too.

Study Shows Crop Insurance Firms’ Returns Have Decreased
Hoosier AG Today
A new study has found private crop insurance company returns have declined significantly since the 2010 renegotiation of the Standard Reinsurance Agreement.

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