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.