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# September 24, 2014
- URL: https://www.riskmarketnews.com/september-24-2014/
- Published: 2014-09-24T06:13:57.000Z
- Updated: 2014-09-24T06:13:57.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### [New Weather Forecasts Part of President’s Climate Plan](http://www.usatoday.com/story/weather/2014/09/23/weather-forecasts-obama-climate-change/16112113/?ref=riskmarketnews.com)

#### [USA Today](http://www.usatoday.com/story/weather/2014/09/23/weather-forecasts-obama-climate-change/16112113/?ref=riskmarketnews.com)

Part of the president’s climate plan included a pledge to develop medium-range forecasts — in the three- to four-week time frame — for extreme weather events.

### [Death Toll Mounts to 43 in India’s Flood-Hit Northeast](http://www.reuters.com/article/2014/09/24/us-india-flood-idUSKCN0HJ0PJ20140924?ref=riskmarketnews.com)

#### [Reuters](http://www.reuters.com/article/2014/09/24/us-india-flood-idUSKCN0HJ0PJ20140924?ref=riskmarketnews.com)

Earlier this month, at least 460 people died in flooding in Indian-controlled Kashmir and neighboring Pakistan.

### [Flooding Risk From Climate Change, Country by Country](http://www.nytimes.com/2014/09/24/upshot/flooding-risk-from-climate-change-country-by-country.html?%5Fr=0&abt=0002&abg=0&ref=riskmarketnews.com)

#### [New York Times](http://www.nytimes.com/2014/09/24/upshot/flooding-risk-from-climate-change-country-by-country.html?%5Fr=0&abt=0002&abg=0&ref=riskmarketnews.com)

If global carbon emissions and sea levels are affected by climate change , about 2.6 percent of the global population (about 177 million people) will be living in a place at risk of regular flooding.

### [The 10 Most Disaster-Prone States](http://www.businessweek.com/articles/2014-09-23/the-ten-most-disaster-prone-states?ref=riskmarketnews.com)

#### [Bloomberg](http://www.businessweek.com/articles/2014-09-23/the-ten-most-disaster-prone-states?ref=riskmarketnews.com)

Homeowners in Rhode Island, you’re in trouble. The state is second only to Florida in risk of natural hazards—fun events such as flood, wildfire, tornado, and storm surge.

### [How Designers Are Responding to Rising Sea Levels](http://www.citylab.com/weather/2014/09/how-designers-are-responding-to-rising-sea-levels/380625/?ref=riskmarketnews.com)

#### [City Lab](http://www.citylab.com/weather/2014/09/how-designers-are-responding-to-rising-sea-levels/380625/?ref=riskmarketnews.com)

A haunting photo exhibit shows the steps people are taking to adapt to the angry ocean.

## Risk Business: What You Need to Read Today

### [Wall St. Bankrolls Ex-Executive as He Sues Over A.I.G. Bailout](http://dealbook.nytimes.com/2014/09/23/as-ex-chief-of-a-i-g-sues-u-s-wall-st-is-happy-to-pay-the-tab/?ref=riskmarketnews.com)

#### [Dealbook](http://dealbook.nytimes.com/2014/09/23/as-ex-chief-of-a-i-g-sues-u-s-wall-st-is-happy-to-pay-the-tab/?ref=riskmarketnews.com)

To a few Wall Street financiers, a lawsuit that accuses the government of shortchanging the AIG in its 2008 bailout is something else: a promising investment in a cause they support.

### [ILS Demand Fuels Structural Innovation](http://www.risk.net/insurance-risk/feature/2371580/ils-demand-fuels-structural-innovation?ref=riskmarketnews.com)

#### [Risk.net](http://www.risk.net/insurance-risk/feature/2371580/ils-demand-fuels-structural-innovation?ref=riskmarketnews.com)

In what is clearly a seller’s market, ILS issuers are finding they can dictate terms to their own advantage.

### [Tech Giants Set to Muscle In on Big Insurers with Coverage](http://www.theaustralian.com.au/business/latest/tech-giants-set-to-muscle-in-on-big-insurers-with-coverage/story-e6frg90f-1227068346310?ref=riskmarketnews.com)

#### [The Australian](http://www.theaustralian.com.au/business/latest/tech-giants-set-to-muscle-in-on-big-insurers-with-coverage/story-e6frg90f-1227068346310?ref=riskmarketnews.com)

While the banks’ profits are seen to be most at threat from tech giants such as Apple and Google, they won’t be alone.

### [House Passes New Insurance Law After 2 years of Deliberation](http://www.thejakartapost.com/news/2014/09/24/house-passes-new-insurance-law-after-2-years-deliberation.html?ref=riskmarketnews.com)

#### [Jakarta Post](http://www.thejakartapost.com/news/2014/09/24/house-passes-new-insurance-law-after-2-years-deliberation.html?ref=riskmarketnews.com)

The new law addresses several issues that have been the subject of much speculation, including an outline for sharia-based insurance services.

### [Deere Hires Citigroup to Weigh Options for Crop Insurance](http://www.businessweek.com/news/2014-09-23/deere-hires-citigroup-to-weigh-options-for-crop-insurance-unit?ref=riskmarketnews.com)

#### [Bloomberg](http://www.businessweek.com/news/2014-09-23/deere-hires-citigroup-to-weigh-options-for-crop-insurance-unit?ref=riskmarketnews.com)

No formal decision has been made and no agreements have been reached on the unit that insures farmers against losses on their crops, the Moline, Illinois-based company said today in a statement.