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# September 1, 2016: Debating Storm Tracks, Amtrak Pulls Sandy Insurance Win and Hermine Ready for Landfall
- URL: https://www.riskmarketnews.com/september-1-2016-debating-storm-tracks-amtrak-pulls-sandy-insurance-win-hermine-ready-landfall/
- Published: 2016-09-01T08:20:59.000Z
- Updated: 2016-09-01T08:20:59.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [Climate Change ‘Tug of War’ Keeps Scientists Guessing On Storm Tracks](http://phys.org/news/2016-09-climate-war-scientists-storm-tracks.html?ref=riskmarketnews.com)

#### [Phys.org](http://phys.org/news/2016-09-climate-war-scientists-storm-tracks.html?ref=riskmarketnews.com)

Scientists are currently unable to satisfactorily project the response of storm tracks to anthropogenic climate change.

### [Tropical Storm Hermine in Gulf Expected to Be Hurricane at Landfall](http://www.nola.com/hurricane/index.ssf/2016/09/tropical%5Fstorm%5Fhermine%5Fgulf.html?ref=riskmarketnews.com)

#### [NOLA](http://www.nola.com/hurricane/index.ssf/2016/09/tropical%5Fstorm%5Fhermine%5Fgulf.html?ref=riskmarketnews.com)

The center of Hermine should be near Florida’s Gulf Coast on Thursday night or early Friday.

### [One Hurricane Is Rare In Hawaii, And The State Might See Two This Week](http://fivethirtyeight.com/features/one-hurricane-is-rare-in-hawaii-and-the-state-might-see-two-this-week/?ref=riskmarketnews.com)

#### [FiveThirtyEight](http://fivethirtyeight.com/features/one-hurricane-is-rare-in-hawaii-and-the-state-might-see-two-this-week/?ref=riskmarketnews.com)

Hawaii faces a rare threat this week, and a possible preview of climate change.

### [Italy Appoints Reconstruction Czar After Earthquake](http://www.wsj.com/articles/italy-appoints-reconstruction-czar-after-earthquake-1472727625?ref=riskmarketnews.com)

#### [WSJ (sub may be required)](http://www.wsj.com/articles/italy-appoints-reconstruction-czar-after-earthquake-1472727625?ref=riskmarketnews.com)

Team chosen to lead the rebuilding of quake-devastated towns of Amatrice, Accumoli and Arquata del Tronto.

## Risk Business: What You Need to Read Today

### [2 Foreign Reinsurance Firms Get Preliminary OK to Set Up Chinese Offices](http://english.caixin.com/2016-09-01/100984449.html?ref=riskmarketnews.com)

#### [Caxin](http://english.caixin.com/2016-09-01/100984449.html?ref=riskmarketnews.com)

PartnerRe and the Korean Reinsurance Company have cleared the first hurdle.

### [Amtrak Gets Partial Victory in U.S. Appeal over Sandy Insurance](http://www.reuters.com/article/us-amtrak-sandy-idUSKCN11629C?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/us-amtrak-sandy-idUSKCN11629C?ref=riskmarketnews.com)

The railroad said its insurers agreed to pay up to $675 million per covered occurrence but have only paid $30 million.

### [EU Policymakers Clash Over Valuing Insurers’ Liabilities](http://www.reuters.com/article/eu-insurance-regulations-idUSL8N1BC4UY?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/eu-insurance-regulations-idUSL8N1BC4UY?ref=riskmarketnews.com)

Cutting the rate would force insurers to hold more capital as they could not discount liabilities to the same extent as now.

### [Agents Ask State to Investigate Insurer After Commissions Slashed](http://www.sun-sentinel.com/business/consumer/fl-agents-ask-for-probe-20160831-story.html?ref=riskmarketnews.com)

#### [Sun Sentinel](http://www.sun-sentinel.com/business/consumer/fl-agents-ask-for-probe-20160831-story.html?ref=riskmarketnews.com)

American Citizens reducing agents’ commissions below the 7.4 percent rate that Citizens originally paid on the policies would violate contractual terms of the takeouts.