Volcano!

[matsuki]

It farted...just be glad it's doesn't have explosive diarrhea.....yet.

I wonder if there is volcano insurance...and if karuizawa properties are insurable. Dude I know was wanting to build there next year...maybe notsomuch now.

I googled it for you. What is commonly called Earthquake Insurance is in fact Earthquake, Volcano and Tsunami Insurance. http://bosai-taisaku.net/earthquake/insurance.html

I can already hear the claim responses " your home was only 49% destroyed by the lava flow, moushiwakegozaimasen but this coverage only applies if 50% or more of your home is destroyed."

[Wage Slave]

It farted...just be glad it's doesn't have explosive diarrhea.....yet.

I wonder if there is volcano insurance...and if karuizawa properties are insurable. Dude I know was wanting to build there next year...maybe notsomuch now.

I googled it for you. What is commonly called Earthquake Insurance is in fact Earthquake, Volcano and Tsunami Insurance. http://bosai-taisaku.net/earthquake/insurance.html

But T&C, T&C and T&C. When we looked into it, from the Co-Op at least, the maximum amount payable was laughably small even in the case of complete destruction. We decided not to bother with it in the end and just pocket the premium.

I can see the insurance companies problem. It's one thing to insure against catastrophic but one off loss but entirely another to be looking to pay out for entire towns and parts of cities. Hence more or less full cover for fire is OK but earthquakes and tsunamis not OK.

[matsuki]

No wonder the recent earthquake resistant foundations are "popular" for residential homes.

[Grumpy Gramps]

I can see the insurance companies problem. It's one thing to insure against catastrophic but one off loss but entirely another to be looking to pay out for entire towns and parts of cities. Hence more or less full cover for fire is OK but earthquakes and tsunamis not OK.

Works very well elsewhere, though. The magic word would be "reinsurance" (as in insurance wholesale), where insurance companies insure themselves against these risks at a bunch of other insurance companies or professional reinsurance companies across the world. They often can get some business from them in return, e.g. trading some Japanese earthquake risk for some European storm risk or some such. Done right, the risk/cost of a catastrophe will be spread throughout the world and becomes financially managable.

[yanpa]

Done right, the risk/cost of a catastrophe will be spread throughout the world and becomes financially managable.

Tell that to AIG.

[Grumpy Gramps]

Before I came to J-land, I worked in that industry for several decades. Lost touch, though and have no idea what AIG and others are up to these days

[wagyl]

Before I came to J-land, I worked in that industry for several decades. Lost touch, though and have no idea what AIG and others are up to these days

From what I understand, AIG dipped their toes into the sub-prime pool of credit default swaps, without knowing what it involved/overleveraging risks, and the sharks came a-nibbling. In other words, AIG did not pay attention to your "done right" requirement.

But it is OK. the final risk was borne by the US taxpayer, not by the shareholders.

[Coligny]

I can see the insurance companies problem. It's one thing to insure against catastrophic but one off loss but entirely another to be looking to pay out for entire towns and parts of cities. Hence more or less full cover for fire is OK but earthquakes and tsunamis not OK.

Works very well elsewhere, though. The magic word would be "reinsurance" (as in insurance wholesale), where insurance companies insure themselves against these risks at a bunch of other insurance companies or professional reinsurance companies across the world. They often can get some business from them in return, e.g. trading some Japanese earthquake risk for some European storm risk or some such. Done right, the risk/cost of a catastrophe will be spread throughout the world and becomes financially managable.

Wasn't there major collapse in the reinsurance business ?

Barings or lloyds ?

[Grumpy Gramps]

Wasn't there major collapse in the reinsurance business ?

As far as I can remember, yes, constantly since about 1980

[Russell]

Wasn't there major collapse in the reinsurance business ?

As far as I can remember, yes, constantly since about 1980

Even Warren Buffett burned himself in that business by buying General Re, which was sold to him for a ridiculous high price given the sheer amount of hidden problems it had.

[Coligny]

Wasn't there major collapse in the reinsurance business ?

As far as I can remember, yes, constantly since about 1980

I meant Hollywood motion picture grade collapse... With traders running for their lives, car chase and explosion...

[Grumpy Gramps]

Hollywood motion picture grade collapse... and explosion...

Here's one:

Piper Alpha haunted the industry for more than a decade.

[yanpa]

Bumpy morning around Hakone. Hmm, and as of 12:30 an evacuation order due to danger of eruption.

[Coligny]

Winds blowing E->W for now, take them planes while you still can...

(Dear yahoo Japan... Maps, learn aboot making making maps... Pretty please...)

[yanpa]

And Volcano Danger Level now officially 3.

[wagyl]

... which is not an "evacuate the mountain" level, or even "prepare to evacuate." It is "don't go closer to the mountain than you are." But maybe I am crazy, just yesterday I took a guest to the very limits of the do not approach zone at a "do not approach the crater" level 2 mountain, slowly getting a hard on (the mountain, that is).

If you want maps, the Japan Meteorological Agency as the source of the press announcements has them in their pdf http://www.jma.go.jp/jma/press/1506/30a ... 150630.pdf

[yanpa]

Yeah, but gotta up the drama here... C'mon, Level 3 is just 2 levels below Level 5.

[wagyl]

Actually, this inconsistency between Yahoo!'s "Evacuate immediately" and the JMA's "don't go towards the mountain" is important.

The evacuation orders are issued by the local government, Hakonemachi, and that is what Yahoo! is reporting. However, even though Sounkyo Bessouchi is included in the list of places to evacuate, the JMA maps showing the limits of residential areas have them all outside the exclusion zone.

It is instructive that the list of numbers of households and people Hakonemachi believe to be affected by the evacuation order is ..... zero.

[Russell]

Mount Fuji climbers urged to protect themselves against volcanic eruption

Local authorities are urging climbers to bring helmets to protect themselves against a possible eruption of Mount Fuji after the season to ascend the nation’s highest peak opens on July 1.

Yamanashi Prefecture is also distributing evacuation route maps to climbers, a measure that is rare but now deemed necessary in light of intensifying volcanic activity in various parts of Japan.

Local governments around the 3,776-meter mountain will supply equipment to visitors if an eruption occurs, but these measures can cover only a small fraction of the climbers, who can number in the thousands on some days.

Workers on June 20 carried 105 helmets, along with food and fuel, to the Hakuunso lodge on the eighth station of the Yoshida-guchi mountain climbing trail in Yamanashi Prefecture. The helmets, for climbers and lodge employees, were placed on shoe shelves.

“It is the first time for me to prepare helmets for climbers,” said Yoshiko Yamamoto, 67, who has operated the lodge for 20 years. “If an emergency occurs, we will lend them to climbers and guide them quickly for evacuation.”

The Yamanashi prefectural government placed 1,500 sets of helmets, goggles and dust-proof masks on the fifth station of the Fuji Subaruline toll road. The Fujiyoshida city government also prepared 1,000 of the sets in mountain lodges.

“It is in preparation for an eruption (of Mount Fuji),” said an official of the Yamanashi prefectural government’s division on tourism and resources.

Yamanashi Prefecture decided to prepare the helmets and other tools after the September eruption of Mount Ontakesan, which straddles Nagano and Gifu prefectures, killed 57 people.

On the Shizuoka Prefecture side of Mount Fuji, associations of mountain lodges along the three climbing trails of Fujinomiya-guchi, Subashiri-guchi and Gotenba-guchi decided to buy a total of 700 helmets with subsidies from the prefectural government.

According to the Environment Ministry, however, the total number of people who climbed Mount Fuji was about 285,000 in 2014, including nearly 9,000 on some days.

On June 19, the Shizuoka prefectural government held a meeting in Yokohama for travel companies and mountain climbing groups in the Tokyo metropolitan area that organize tours to Mount Fuji.

The prefectural government asked the travel companies and the groups to urge participants to bring their own helmets.

The Yamanashi prefectural government on June 24 began distributing to mountain lodges 3,500 copies of maps that show four evacuation routes in the event of an eruption.

The prefectural government also confirmed that it will instruct climbers to evacuate through mountain lodges if Mount Fuji erupts.

“(What’s important is) to know the risk (of eruptions), fear them in the correct manner and prepare for them in the correct manner,” said Hiroshi Yamashita, head of the Yamanashi prefectural government’s division on disaster prevention and crisis management. “We hope that such awareness spreads among mountain climbers.”

Link

[Coligny]

Dis summer gunna be good...

image.jpg

[matsuki]

Got the usual warning from the US embassy....and Hakone onsens are totally screwed. Can't tell people it's panic worthy news while at the same time the onsens are "totally safe."

[BigInJapan]

Tourists evacuated amid volcanic eruption on Mt. Aso

20150914p2a00m0na003000p_size8[1].jpg

TOKYO (Kyodo) -- Mt. Aso in the southwestern Japanese prefecture of Kumamoto erupted Monday, leading to tourists being evacuated and flights diverted, authorities said. There were no immediate reports of injuries.

The eruption occurred at around 9:43 a.m., shooting ash 2,000 meters into the air and scattering large rocks, the Japan Meteorological Agency said.

The agency raised the alert level for the mountain to level 3 on the scale of 5, calling on people not to approach the mountain. It said there was danger from falling rocks and smoke from the plume.

Police and other local authorities said they have evacuated about 30 tourists who were near the crater at the time of the eruption.

The operator of Kumamoto Airport, about 20 kilometers west of the mountain, said airlines have diverted some flights to nearby airports.

The volcano last erupted on Aug. 8 when the agency maintained the alert level at 2, advising people not to approach the crater. The latest eruption was bigger in scale, the agency said.
The Mainichi

- It's still blowing out ashes two hours later (live feed on TV), and they say we might even get some of the fallout up here in Fukuoka.

[Taro Toporific]

<<WEIRDO ALERT BELL DINGING>>
WFT! I've been getting VOLCANO alerts making a strangled dinging noises (first time I heard it) on my new android phone: Two in the past 20 minutes.

https://typhoon.yahoo.co.jp/weather/jp/volcano/306/
【噴火速報】
＜浅間山で噴火が発生＞
発表日時 7日22時10分
対象火山：浅間山
https://www.jma.go.jp/en/volcano/map_3.html

3.png

[Buraku]

Reykjavik, Iceland is smokin'
https://yewtu.be/watch?v=JX-H_sRMSUY
https://hooktube.com/watch?v=JX-H_sRMSUY

[Buraku]

‘Catastrophic’ supervolcano eruption much more likely than previously thought, scientists warn
https://news.yahoo.com/catastrophic-sup ... 15504.html

[Coligny]

‘Catastrophic’ supervolcano eruption much more likely than previously thought, scientists warn
https://news.yahoo.com/catastrophic-sup ... 15504.html

They ipdated their version of excell without editing the probability accounting scripts ?
Gotta love spreadsheet science…

[Buraku]

New lava vents burst open in La Palma volcano as eruption forces airport to close

https://www.cbsnews.com/news/new-vents- ... -to-close/

[Coligny]

New lava vents burst open in La Palma volcano as eruption forces airport to close

https://www.cbsnews.com/news/new-vents- ... -to-close/

You took the week end off ? Or they shutdown the interwab in your padded cell ?

[Taro Toporific]

Just in time for halloween, ghostly ships sunk in WWII emerge from ocean floor with a new volcano in the Ogasawara island chain.
Fast forward to the 2:47 point to see the Ghost Fleet.

[Marked Trail]

Just in time for halloween, ghostly ships sunk in WWII emerge from ocean floor

Japanese ghost ships that were sunk by the US during WWII at Battle of Iwo Jima are RAISED from the seabed by tremors from one of island's most active volcanoes
⬤ Tremors at Mount Suribachi have resulted in 24 ships being raised after they were sunk by the US as part of the Battle of Iwo Jima during World War II
⬤ The remaining hulks are what is left of the ships, which were brought to the island because it had no port facilities
⬤ The two dozen Japanese transport vessels were captured by the US Navy during WWII and were moved to the western part of the island to form a port
⬤ There are no inhabitants on Iwo Jima, but it is occupied by the Japanese military after it was returned by the US in 1968
⬤ The seabed has started to rise due to the seismic activity, in particular on the western part of the island

DAILYMAIL.COM | 11:26 EDT, 20 October 2021
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