- Geoengineering in regards to the environment and climate change has increasingly been gaining mainstream interest over the past year after spending most of its days mired in obscurity or outright condemnation. I’ve personally written about it twice in the past few months both in regards to Bill Gates’ discussion on thwarting hurricanes and SuperFreakonomics‘ assertion that widespread geoengineering to slow climate change is a good solution. Still, the concept remains widely misunderstood and obviously has both positive and worrisome components. To help everyone become better informed about the concept, the MIT Technology Review has taken an exhaustive look at the possibilities of society geoengineering our way out of climate change.
- Yesterday’s 7.2 magnitude earthquake that triggered a tsunami and landslides has left some 1,000 people homeless in the Solomon Islands.
- A Learjet crash outside of Chicago has left two victims — although officials are holding out some hope that they may still be alive. “Asked if both were dead, an official on the scene said ‘This is a recovery operation.'”
- AIG has hired several new senior execs. The beleaguered insurer is also reportedly stalling its planned sale of its Chartis P/C arm.
- Rick Nason teaches an ERM class and while skeptical of the practicality of teaching this within an MBA curriculum, he has a question for you: “ERM has created a lot of excitement, but very few successful examples. Explain why you believe ERM has so few successful implementations.” Head over there to answer. And show your work. (via RiskCzar)
- And in related news, new security rules for the airline industry are forthcoming from the Obama administration.
- The reinsurance world is in good shape. Aon is highlighting the “Remarkable Recovery” of the reinsurance industry in a new report and Willis sees all “talk of a hard market evaporat[ing]” in it’s January reinsurance renewals report. National Underwriter breaks down both reports.
- Les Krantz breaks down the 200 best and worst jobs in the U.S. in his “Jobs Rated Almanac.” And you know what’s number one? Actuary. “Actuaries, who evaluate the financial impact of risk on an organization, fared best because they work during standard business hours and in favorable conditions — indoors and in places free of toxic fumes or loud noise — as opposed to those jobs toward the bottom of the list such as iron worker, dairy farmer and the biggest loser from last year’s study, lumberjack.” Google “Norm MacDonald,” “Weekend Update” and “worst job” to find out what ranked dead last this year — again.
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