November 7, 2016: Asia-Pac Catastrophe Insurance Cover Pushed and Oklahoma Quake Rattles Oil Hub
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November 7, 2016: Asia-Pac Catastrophe Insurance Cover Pushed and Oklahoma Quake Rattles Oil Hub

Risk Science: What You Need to Read Today

Magnitude 5 Quake Strikes Close to Largest U.S. Oil Storage Hub

Bloomberg

A magnitude 5 earthquake struck Oklahoma on Sunday near the largest U.S. oil storage hub, prompting some pipeline companies to shut down operations at the site as a precaution.

When a City Stops Arguing About Climate Change and Starts Planning

Next City

Charleston, South Carolina, is adapting to a hotter, wetter and riskier future.

Psychology and Cyclones: Why We don’t Prepare, and What We Can Learn From Other Cultures

ABC News

After a weekend of wild weather and with the cyclone season upon us, it is a good time to ask — why do we fail to prepare for the worst?

Climate Change Challenges Authoritarian China: Experts

Phys.org

Officials’ promotion prospects are linked to economic growth in their areas, creating “dangerous short-termism” in decision making.

Risk Business: What You Need to Read Today

Insurers, Bishop Push for Regional Disaster Risk Cover

The Australian 

The Australian insurance industry and the federal government are looking at extending to the Asia-Pacific region a global push to insure against the cost of dealing with the growing number of natural disasters.

China Adopts Cybersecurity Law Despite Foreign Opposition

Bloomberg

China has green-lit a sweeping and controversial law that may grant Beijing unprecedented access to foreign companies’ technology and hamstring their operations in the world’s second-largest economy.

Rich States Urged to Dig Deeper to Help Poor Respond to ‘Climate Crisis’

Reuters

When ministers gather at the two-week U.N. climate change talks in Morocco, one of their focuses will be finding ways to boost funding for developing countries to adapt to the effects of climate change.

The Risk to Civil Liberties of Fighting Crime With Big Data

New York Times

RELX, which has for years been buying and building up databases of police information, has become something like the Ticketmaster of insurance reporting.

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