October 13, 2014

Risk Science: What You Need to Read Today

UM’s New Research Tank Might Hold Key to Hurricane Forecasts

Miami Herald

Powered by a 1,400-horsepower engine, the tank will let scientists map Category 5 hurricanes in three dimensions for the first time.

Typhoon Vongfong Heads for Kansai; 40 Hurt, One Missing

Japan Times

The season’s 19th typhoon is likely to sweep through the rest of the archipelago on Tuesday.

300,000 Evacuated as Strong Cyclone Hits Eastern India

New York Times

Close to 300,000 people were evacuated from their homes in parts of the states of Odisha and Andhra Pradesh as of Sunday evening,

Cities, States Scramble After Dallas’s Ebola Missteps Expose Planning Gaps

Reuters

State and city plans for handling the deadly virus are based on generic recommendations for everything from measles to floods, to hurricanes and dirty bombs.

Risk Business: What You Need to Read Today

Prepping for the Next Superstorm, NYC Tries to Fill in FEMA’s Blanks

Next City

New federal flood maps have increased the number of affected structures by 101 percent over the last set of maps

Derivatives Dated to 1,700 B.C. by Insurance Executive

Bloomberg

To fight wrong-headed oversight, insurers traditionally turn to lobbyists and lawmakers.

Bill Ackman’s Pershing Square Fizzles on IPO

FT (Sub may be required)

Shares in activist investor Bill Ackman’s Pershing Square closed-ended fund plunged as much as 10.8 per cent during its stock market debut in Amsterdam on Monday morning.

Scott, Crist Split on Approach to Property Insurance

Florida Today

A hurricane hasn’t made landfall in Florida in nearly nine years, but that hasn’t kept property-insurance rates from increasing or becoming a bigger concern for homeowners.


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