Latest Earthquake Headlines
All the headlines from our Earthquake Topic Page, ordered by recency.
Despite Earthquake Risk, UK Ready to Begin Fracking – Again
Nov 6 2017 // Six years after Britain’s first fracking operation was stymied by earth tremors, its shale gas industry is poised to try again with a technology that could transform the UK gas market and drastically reduce its...
Taxing Affiliate Reinsurance Could Cripple the New Madrid Zone
Oct 29 2017 // Between Hurricanes Harvey and Irma, natural catastrophes are top of mind for many Americans. Yet, the nation’s exposure to catastrophic risk is not limited to wind and waves. Earthquakes, like hurricanes, are costly...
Chubb Reports Q3 Loss Due to Catastrophes; CEO Greenberg Sees Prices Firming
Oct 27 2017 // Chubb, like other property/casualty insurers and reinsurers, faced significant catastrophe losses from hurricanes and earthquakes that struck in August and September. The insurer reported a net loss of $70 million for the...
Loss Estimate for October 2016 Italian Quakes Rises to US$244.4M: PERILS
Oct 27 2017 // The property insurance market’s losses from the series of earthquakes to hit Central Italy between Oct. 26 and Oct. 30, 2016 has risen to €208 million (US$244.4 million), according to PERILS, the independent...
Study Links Colorado, New Mexico Quakes to Oil and Gas Fluid Injections
Oct 26 2017 // A rash of earthquakes in southern Colorado and northern New Mexico between 2008 and 2010 was likely due to fluids pumped deep underground during oil and gas wastewater disposal, according to a study from Colorado...
Best Areas in U.S. to Live to Avoid Natural Disasters
Oct 26 2017 // Tired of living with hurricanes, tornadoes or floods? Head to Portland, Salt Lake City or Providence. Or California. Yes, California. Portland, Oregon is the safest place to live to avoid hazardous weather; three of the...
Oklahoma Energy Companies Settle Suit over Earthquake Damage
Oct 24 2017 // A settlement has been reached between two Oklahoma oil and natural gas companies and a woman injured in a 2011 earthquake. Prague resident Sandra Ladra filed the lawsuit in 2014 against New Dominion LLC, Spess Oil Co. and...
Swiss Re Estimates $3.6B in Claims from U.S. Hurricanes & Mexican Quakes
Oct 20 2017 // Swiss Re, the world’s second-largest reinsurer, estimated its claims burden from hurricanes Harvey, Irma and Maria in the United States and from two earthquakes in Mexico at roughly $3.6 billion in the third...
Argo and Aspen Issue Loss Estimates for Q3 Natural Catastrophes
Oct 18 2017 // Argo Group International Holdings Ltd. and Aspen Insurance Holdings Ltd. have issued their third quarter catastrophe loss estimates, primarily related to Hurricanes Harvey, Irma and Maria as well as the earthquakes in...
More Re/Insurers Issue Their Q3 Natural Catastrophe Loss Estimates
Oct 13 2017 // The third quarter natural catastrophe loss estimates continue to rise, as more insurers and reinsurers weigh in with their loss totals from Hurricanes Harvey, Irma and Maria, and the Mexico earthquakes. The latest...
Prevalent, Discredited Building Technique Raised Mexico’s Quake Deaths: Engineers
Oct 12 2017 // Warm lighting would enhance the wood floors’ natural glow, the developer promised, so when all the custom lightbulbs burnt out, Anahi Abadia and her husband grudgingly drove to Home Depot to replenish supplies for...
Insurers, Reinsurers Tally Maria, Irma, Harvey and Other Disaster Losses
Oct 10 2017 // Losses from Hurricane Maria and other recent natural disasters, including hurricanes Irma and Harvey, the Mexico City earthquake and other events, have led global insurers and reinsurers to issue profi warnings.t Below are...
Q3 2017 Likely to Be One of Costliest for Natural Disasters: Aon Report
Oct 6 2017 // The third quarter of 2017 is likely to break a new record as one of the costliest quarters for natural catastrophes, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. “The...
UPDATE 2: Global Re/Insurers Estimate Price Tag of Q3 Hurricanes & Quakes
Oct 3 2017 // Losses from Hurricane Maria and other recent 2017 natural catastrophes, including Hurricanes Irma and Harvey, the Mexico City earthquakes and other events, have led global insurers and reinsurers to issue profit...
Economic Costs of Mexico’s Earthquake Could Surpass $2B
Sep 29 2017 // President Enrique Pena Nieto said Wednesday [Sept. 27] that preliminary accounting of the damage caused by the two big earthquakes that hit Mexico this month could cost upward of $2 billion (38.1 billion pesos). Pena Nieto...
1987 Whittier Narrows Earthquake Anniversary A Reminder to Californians
Sep 29 2017 // The 30th anniversary of the 1987 magnitude 5.9 Whittier Narrows earthquake is Sunday, and the head of the California Earthquake Authority is using that to remind Californians to buy earthquake insurance. The quake was...
Beazley Estimates $150M Earnings Hit From Hurricanes, Earthquakes
Sep 29 2017 // Lloyd’s of London insurer Beazley said on Friday it reckoned that its losses from hurricanes Harvey, Irma and Maria in the Caribbean and southern United States and a series of earthquakes in Mexico would reduce its...
Mexico Calculates Economic Cost of Quake; Insurance Covers Small Part of Losses
Sep 27 2017 // Mexican government officials are still tallying up the economic losses of the magnitude 7.1 earthquake that caused widespread damage in the capital, but for the manager of a downtown restaurant it is already all too...
How Home Values Track with High, Low Risk of Natural Hazards: ATTOM Data
Sep 22 2017 // Americans are still buying homes in areas with high risk of natural hazards and the homes in those cities continue to appreciate in value far faster than homes in low natural hazard locales. However, the effect on home...
New Bridge Design Tested by Nevada Quake Lab Following Mexico Quake
Sep 22 2017 // Scientists at a Nevada earthquake lab this week tested new bridge designs with connectors they say are innovative and created to better withstand violent temblors and speed reconstruction efforts after major quake...
