October 1, 2014
Risk Science: What You Need to Read Today
Phanfone to Target Japan Late Week
Accuweather
While Kammuri curved east of Japan over the weekend, another threat looms later this week as Tropical Storm Phanfone approaches the region.
Which of 2013’s Many Natural Disasters Can We Blame on Climate Change?
Smithsonian Magazine
The ongoing California drought may, or may not, be due to climate change.
US, India Partner on Climate Resilience
The Hill
The new program will help build up the two nations’ climate resilience by working on adaptation to extreme weather like drought and severe storms.
An Utterly Terrifying Risk Assessment of California’s Next Big Earthquake
CityLab
The worst-case scenario means endless fires, impotent rescue services, and no water for months.
The Ebola Response Shows How Unprepared We are for Global Pandemics
Vox
Even though the public health community knows from previous outbreaks how to contain it, we did alarmingly little to stop Ebola until very recently — and some say too late.
Risk Business: What You Need to Read Today
Fed to Study Impact of Capital Rules on Big Insurers
Reuters
The U.S. Federal Reserve on Tuesday announced plans to study the potential effects of forcing big insurance companies to meet tough funding restrictions required by the 2010 Dodd-Frank law.
Nine Life Insurers Reject FSS’s Order to Pay Suicide Insurance
Korea Times
Given the “staggering amount of the payments” life insurers might suffer severe “financial damage” if they follow the FSS ruling.
Radian Says Bond Insurer Could Free Up Capital Very Soon
Bloomberg
Radian Group Inc. may decide on a plan to free up funds at its bond insurer by the end of the year, Chief Financial Officer Bob Quint said.
Cyber Liability Insurance: Where’s the Beef?
National Law Review
Despite the fact that there are many kinds of insurance policies available that arguably cover various “parts” of cyber risk, the parts that are not covered are significant.
Livestock Insurance Could Protect Cattle-Herders in Africa from Drought
The Guardian
Using data from satellite imagery, insurers can assess the impact of drought on the vegetation that livestock need to survive. Could this be a lifeline for Kenyan farmers?