Latest Earthquake Headlines
All the headlines from our Earthquake Topic Page, ordered by recency.
A ‘Great Earthquake’ Strikes Chile; Insurance Doesn’t Pose Systemic Risks to the Economy; Berkshire Buys More Munich Re
Mar 7 2010 // February was a short month, but a deadly one. In addition to a massive earthquake in Chile, the Northeastern U.S. was hit by three blizzards; floods and mudslides ravaged the Portuguese island of Madeira and beleaguered...
Magnitude 6.4 Earthquake Shakes Taiwan; AIR, EQECAT Analysis
Mar 5 2010 // Catastrophe risk modeling firms AIR Worldwide and EQECAT have both issued bulletins analyzing the magnitude 6.4 earthquake that struck south central Taiwan Thursday morning at 8:20 a.m. local time. AIR noted that the...
Fitch Sees Chile Quake Losses Unlikely to Impact P/C Insurance Ratings
Mar 5 2010 // Based on preliminary analysis, Fitch Ratings said it believes that the Chilean P/C insurance industry “will likely be able to absorb losses from the earthquake and Tsunami that hit the central-south part of Chile on...
AIR Updates Analysis of Damages from Chile Earthquake
Mar 4 2010 // According to catastrophe risk modeling firm AIR Worldwide, a more complete picture of damages is beginning to emerge in the hardest-hit regions of Bio Bio and Maule, four days after the devastating Mw8.8 earthquake struck...
I.I.I.’s Hartwig Contrasts Impact of Chilean, Haitian Earthquakes
Mar 3 2010 // Why was he death toll over 200,000 when an earthquake struck Haiti, while so far less than 1000 people have died from the one that struck Chile, which was approximately 500 times more powerful? One of the answers lies in...
Catastrophe Firms Analyze, Estimate Losses from Chilean Quake
Mar 2 2010 // Catastrophe modeling firms Air Worldwide, Risk Management Solutions and EQECAT have all released preliminary analysis and estimates of the economic and the insured losses from the devastating 8.8 magnitude earthquake that...
Nevada Insurance Division Offers Earthquake Coverage Guide
Mar 2 2010 // Nevada may be the third most-active state for earthquakes after California and Alaska, but most homeowners don’t purchase earthquake insurance coverage. earthquake country, but what many people In light of Nevada...
‘Great Earthquake’ Strikes Chile; 700 Dead; 2 Million Affected
Mar 1 2010 // One of the strongest earthquakes ever recorded struck the central coast of Chile early Saturday morning, February 27. The U.S. Geological Survey (USGS) measured the magnitude at 8.8 with severe “shaking...
Earthquakes Should Prompt U.S. to Prepare Now, Says Safety Group
Mar 1 2010 // The tragedies of the recent earthquakes in Chile and Haiti serve as a reminder that parts of the United States are highly vulnerable to the devastating effects of this unpredictable natural disaster. While most Americans...
Missouri Governor: State Must Be Ready for Big Quake
Feb 22 2010 // Most experts believe it’s just a matter of time before another big earthquake strikes along the New Madrid fault line, and Gov. Jay Nixon says Missouri and neighboring states need to be ready. Nixon on Feb. 19...
A Recurrence of Recalls; ‘PIGS’ in a Poke; Lloyd’s Powers on; Haiti Now Faces Floods and Hurricanes
Feb 21 2010 // First Toyota, then Honda – who’s next? 2010 is not starting out as a good year for car companies. Japan’s Toyota Motor Corp. was already in the process of recalling approximately 8 million vehicles, due...
Abacus Insurance Offers Online Earthquake Deductible Buyback
Feb 18 2010 // Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online through www.abacus.net, has launched an online program that enables homeowners to reduce the...
Illinois Officials Recommend Review of Earthquake Insurance
Feb 18 2010 // Insurance regulators in Illinois are encouraging residents to review earthquake insurance policies after a small quake was recorded in the state recently. The 3.8-magnitude earthquake surprised northern Illinoisans Feb....
Fault System Found Under Jones, Oklahoma
Feb 17 2010 // New detectors have found fault lines in the Jones, Okla., area, where dozens of small earthquakes have been recorded since last year. “There’s definitely some kind of fault system there,” said Austin...
Rare Earthquake Rattles Northern Illinois; No Damage Reported
Feb 11 2010 // A small pre-dawn earthquake hit northern Illinois on Feb. 10, startling residents as far away as Michigan and Iowa, but no damage or injuries were immediately reported. The Illinois State Geological Survey (ISGS) said the...
Only 20% of Oregonians Insured for Earthquake Risks
Feb 7 2010 // Although Oregon is among the states at highest risk for a major earthquake, only about 20 percent of Oregonians have earthquake insurance, according to a Department of Consumer and Business Services (DCBS)...
Northern Calif. Earthquake Damage Predicted to Be Less Than $10M
Feb 5 2010 // Damage and loss from yesterday’s magnitude 5.9 earthquake that struck offshore Northern California are expected to be less than $10 million, with insured losses a fraction of that, a risk modeling firm has reported....
Magnitude 5.9 Earthquake Strikes Northern California
Feb 4 2010 // A magnitude 5.9 earthquake has struck offshore Northern California at 12:20 p.m. PST, about 35 miles from Petolia and 50 miles from Eureka, the U.S. Geological Survey reported. This is the second earthquake in the area in...
RMS Analyzes Haiti Earthquake, Regional Repercussions
Jan 29 2010 // Risk Management Solutions has released a report on the impact of the earthquake that struck near the Haitian capital Port-au-Prince on January 12. The 7.0 magnitude quake destroyed much of the city and surrounding...
Haitian Government Receives $7.75 Million from CCRIF
Jan 28 2010 // The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid the Government of Haiti US $7,753,579 following the Magnitude 7.0 earthquake which struck close to Port-au-Prince on January 12, causing damage of...
