Latest Earthquake Headlines
All the headlines from our Earthquake Topic Page, ordered by recency.
Stronger Earthquake Code Rules For Ark. On Hold
Jan 13 2008 // An Arkansas legislative committee in early January 2008 put off a review of the state’s building code after lawmakers questioned costs related to making structures withstand earthquakes that come once every 2,500...
Best Report Warns on Danger of ‘Moderate Quakes’ in Europe
Jan 8 2008 // In a special report A.M. Best Co. warns that “lurking beneath Central Europe are numerous faults that rarely break the ground surface but that still could lead to large scale catastrophe losses for insurers and...
Insurance Bureau of Canada Calls for ‘Heightened Cooperation’ on Quakes
Jan 8 2008 // Central Europe isn’t the only place in the world that faces earthquake threats (See related article). The Insurance Bureau of Canada has issued a call for the creation of an ongoing working group between the...
Rules on Stronger Earthquake Codes for Ark. on Hold for Now
Jan 7 2008 // An Arkansas legislative committee has put off a review of the state’s building code after lawmakers questioned costs related to making structures withstand earthquakes that come once every 2,500 years. Firefighters...
Nationwide Raises Earthquake Coverage Deductible in Ohio
Jan 4 2008 // Nationwide Mutual Insurance Co. is raising the deductible on its earthquake coverage because of the risk of major losses from an earthquake. Columbus-based Nationwide is raising the deductible from 2 percent to 5 percent...
Mauna Kea Beach Hotel Owners Sue Insurer for Earthquake Claim
Jan 3 2008 // The Mauna Kea Beach Hotel on the Big Island of Hawaii has sued one of its insurance carriers for denying a $20 million claim stemming from last year’s earthquakes. The hotel has been closed for repairs and...
Maryland County Pulls Plug on Earthquake Hotline
Dec 31 2007 // Maryland’s Howard County has pulled the plug on its earthquake hotline. County Fire Department Captain Ryan Miller says the county now has other ways for residents to report and receive information during a disaster....
Natural Disasters, Fires, Floods, Fair Conduct Fueled Insurance Industry Discussions in 2007
Dec 23 2007 // While 2007 was surprisingly calm year for hurricanes, that doesn’t mean Mother Nature didn’t have a tantrum or two. In the past year, the West faced its share of disasters, with freezes, floods and fires making...
S&P Report Examines Calif. Earthquake Insurance
Dec 2 2007 // The Golden State got a jolt on Oct. 30 with a 5.6 magnitude earthquake just outside of San Jose. An article published by Standard & Poor’s Ratings Services, “Is California’s Earthquake Insurance...
From Insurance Consumer to Commissioner
Dec 2 2007 // While the position of California Insurance Commissioner is elected and there are already rumblings that he’d make a good gubernatorial candidate in 2010, current California Insurance Commissioner Steve Poizner says...
Numbers of Mo. Homeowners Buying Earthquake Insurance Drops
Nov 26 2007 // The cost of earthquake insurance has gone up in Missouri, and the number of people buying it has gone down. Figures from the state Department of Insurance show that earthquake coverage was carried on fewer than 38 percent...
AIR Estimates Chile Earthquake Insured Losses Not Over $80 Million
Nov 16 2007 // AIR Worldwide Corporation announced that it estimates insured losses from a major earthquake that struck the coast of Chile on Wednesday will likely not exceed $80 million. AIR noted that the “USGS has issued a...
S&P Report Examines Calif. Earthquake Insurance Coverage
Nov 14 2007 // As if Southern California’s recent devastating wildfires weren’t enough, the Golden State got a second jolt on Oct. 30 via a 5.6 magnitude earthquake just outside of San Jose. An article published by Standard...
Declarations
Nov 4 2007 // CEA Charges “The idea was originally that the CEA (California Earthquake Authority) would have enough funds over time … and wouldn’t need that industry assessment layer. … Theoretically we should...
Survey: Calif.’s Hayward Fault “Ready to Pop”
Nov 4 2007 // Time is not on our side, when it comes to suffering damage from an earthquake along Northern California’s Hayward Fault, according to a new map by the U.S. Geological Survey. The USGS released a new map showing the...
News Currents
Nov 4 2007 // Catastrophic wildfires sweep across Southern California Industry estimates insured losses at more than $1.5 billion and rising Insured losses are continuing to accumulate from Southern California wildfires that burned in...
States under cover
Nov 4 2007 // Natural catastrophes — and the affordability and availability of property insurance in disaster-prone areas — have been on center stage in coastal states from the Northeast to the Gulf Coast. This fall, the...
5.6 Magnitude Earthquake Shakes San Jose Area
Oct 31 2007 // An magnitude 5.6 earthquake struck the San Francisco Bay Area last night, around 8 p.m., about 9 miles northeast of San Jose, according to the U.S. Geological Survey Earthquake Hazards Program. Ten aftershocks were felt,...
Survey: Calif.’s Hayward Fault “Ready to Pop”
Oct 19 2007 // “Time is not on our side,” when it comes to suffering damage from an earthquake along Northern Californa’s Hayward Fault, according to a new map by the U.S. Geological Survey. This week, USGS released a...
Mo. National Guard Trains in Earthquake Preparedness
Oct 16 2007 // The Missouri National Guard spent the weekend engaged in Operation Cracked Earth, training exercises to test communication abilities in the event that there is a major earthquake in the New Madrid fault zone. The New...
