September 24, 2014

Risk Science: What You Need to Read Today

New Weather Forecasts Part of President’s Climate Plan

USA Today

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

Reuters

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

New York Times

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

Bloomberg

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

City Lab

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

Dealbook

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

Risk.net

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

The Australian

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

Jakarta Post

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

Bloomberg

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.


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