Word: weatherizing
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...McLaren Technology Centre in leafy Woking, south of London, who were using prediction software they've developed to help them make split-second tactical decisions in a sport where speed is king. All F1 teams have their own versions of software that analyze thousands of variables - from weather and road conditions to fuel levels and competitors' likely actions - and how they may interact to affect a car's performance, before and during a race. The program spits out possible options, and assesses their chances of success. Now that racetrack technology is coming to the equally fast-paced world of business...
There hasn't been a hurricane in London since last, oh, ever. But there has been an insurer there, Lloyd's, since 1771. And because it's an outfit that historically insured ships, weather is never too far from its mind. Last year Hurricane Katrina turned heads at Lloyd's. The storm didn't just flood New Orleans; it also swept away the insurance industry's trust in its catastrophe modeling, the tool it depends on to evaluate bad-weather risk. The model assumed that a hurricane like Katrina couldn't happen in the same year as two other superstorms...
...climate continues to warm and catastrophic weather events increase, insurers will suffer or gain on the basis of their environmental-risk projections. If they get it wrong--as when many U.S. insurers were sideswiped by large-scale asbestos-pollution claims--or if they are blindsided by the kinds of terrorist attacks that simultaneously generate claims for lives and business lost and damage to real estate and infrastructure, they could find themselves insolvent...
...more positive for the Crimson as it swept past No. 14 seed St. Joseph’s 7-0. Harvard dropped only one match—one of the three doubles matches—and within its singles play only lost a single set. Rain and other inclement weather created havoc with the scheduling yesterday, and the tenth-place match against Boston College had yet to be played. The only complete results from yesterday morning belonged to the tournament semifinalists. No. 5 Columbia upset the top-ranked Brown Bears to make it to the finals, where the Lions will face...
...constant rain, the twelve-team field suffered a nearly three-stroke hit to its scoring average. That was little consolation to the Crimson, as its score ballooned 14 strokes from an already disappointing 305 to 319. Said team captain Tom Hegge, “Part of it was the weather, but I think we all had a bad day as well. It affects everyone equally, so you can’t let it be an excuse.” In the second round, only two of the Crimson’s five players managed to break 80, while Brendan...