Latest Earthquake Headlines

All the headlines from our Earthquake Topic Page, ordered by recency.

California Considers Quake Insurance Rate Reduction

Aug 25 2005 // California Gov. Arnold Schwarzenneger and other state officials who are part of the California Earthquake Authority are considering whether to reduce quake insurance rates in the state by 22 percent. The proposal before...

Earthquake Damage Can Be Avoided

Aug 10 2005 // Although earthquakes are among the least predictable natural hazards, losses to unprepared businesses can be substantial when they do occur. Affiliated FM, a commercial property insurer and loss prevention expert serving...

AIG Disaster Relief for Tsunami Victims Enters Reconstruction Phase

Jul 20 2005 // Now that immediate efforts to assist tsunami victims with housing and food relief are well underway, the AIG Disaster Relief Fund and CHF International are joining together to begin the next critical phase of long-term...

News Briefs

Jul 4 2005 // ACIC OPPOSES CREDIT BILL: The Association of California Insurance Companies is opposing legislation which would eliminate rather than regulate credit-based insurance scoring, according to ACIC President Sam Sorich. The...

News Briefs

Jul 4 2005 // ACIC OPPOSES CREDIT BILL: The Association of California Insurance Companies is opposing legislation which would eliminate rather than regulate credit-based insurance scoring, according to ACIC President Sam Sorich. The...

China’s PICC Uses AIR Model for Earthquake Risk Analysis

Jun 28 2005 // AIR Worldwide Corporation has announced that China’s PICC Property and Casualty Company Limited has completed the first earthquake risk analysis using AIR’s China earthquake model. Guy Carpenter coordinated the...

Allstate dropping most earthquake coverage nationwide

Jun 19 2005 // Allstate Insurance Co. says it is dropping earthquake insurance to most of its 407,000 quake customers nationwide as a part of a larger move to reduce exposure to catastrophic losses. Allstate Spokesman Mike Siemienas in...

No Damages Reported in Recent California Earthquake

Jun 16 2005 // California residents are slowly adding up the number of earthquakes hitting on or off the coast of the Golden State during the month of June. On Thursday, the U.S. Geological Survey reported that a moderate quake of 5.3...

Recent Calif. Quakes a Reminder of Possible Financial Aftershocks

Jun 15 2005 // After two sizeable earthquakes in less than a week, Californians have had a jarring reminder of their unsettled landscape. But with less than 15 percent of California homeowners purchasing earthquake policies, are their...

Los Angeles Area Quake Could Result in 7,600 Dead; Major Property Damage

Jun 6 2005 // Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to...

Los Angeles Area Quake Could Result in 7,600 Dead, Major Property Damage

Jun 6 2005 // Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to...

Los Angeles Area Quake Could Result in 7,600 Dead, Major Property Damage

Jun 6 2005 // Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to...

Los Angeles Area Quake Could Result in 7,600 Dead, Major Property Damage

May 25 2005 // Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to...

Tsunami Warning: Spitzer is Coming

May 23 2005 // This is not a tsunami “watch.” This is a tsunami warning. The waves have already swept over the closest beaches, so we know they are coming. It’s too soon for casualty reports, but some mighty big places...

Tsunami Warning: Spitzer is Coming

May 23 2005 // This is not a tsunami “watch.” This is a tsunami warning. The waves have already swept over the closest beaches, so we know they are coming. It’s too soon for casualty reports, but some mighty big places...

Tsunami Warning: Spitzer is Coming

May 23 2005 // This is not a tsunami “watch.” This is a tsunami warning. The waves have already swept over the closest beaches, so we know they are coming. It’s too soon for casualty reports, but some mighty big places...

PIFC Comments on Calif. Earthquake Authority’s Financial Stability

Apr 28 2005 // The following statement was released by Dan Dunmoyer, president of the Personal Insurance Federation of California, in response to comments made by California State Treasurer Phil Angelides at the California Earthquake...

Homeowners Moving to the West Coast

Apr 4 2005 // Whether your client owns a multi-million dollar home overlooking the Pacific Ocean or a small bungalow tucked away a mile from the beach, it is your responsibility to find the right homeowners insurance coverage that will...

Study: About 11,000 Would Die in Tokyo Quake

Mar 1 2005 // About 11,000 people would die and Japan as a whole would suffer about $1.06 trillion in economic damage if a major earthquake were to strike Tokyo, a government disaster prevention panel said. The panel made its estimates...

AIR’s Mediterranean Region Earthquake Model Now Available in CLASIC/2

Feb 9 2005 // AIR Worldwide Corp. (AIR) announced its Mediterranean Region Earthquake Model is now available in its detailed risk modeling software system, CLASIC/2. The update enables European primary insurers, brokers, and reinsurers...