Few Nevada residents and businesses have earthquake coverage, but insurance officials said they are expecting interest to increase after the two California earthquakes that rattled the region. The magnitude 6.4 and magnitude 7.1 quakes in the Southern California desert last …
A new report issued by the Missouri Department of Insurance shows that earthquake insurance coverage in the highest risk areas of Missouri has dropped to just under 14 percent. According to the department, the Earthquake Insurance Market Report highlights some …
La Jolla, Calif.-based Palomar Holdings Inc. this week announced the pricing of its initial public offering of its common stock at a price of $15 per share and in its first day of trading on Wednesday it had at one …
Earthquake insurance underwriter SIU Managers is now EQ One. The new name and brand was announced on the Los Angeles firm’s 20-year anniversary. EQ One is a difference in conditions underwriter, providing earthquake and flood insurance combined with a range …
Despite the fact that earthquakes present a significant hazard to Missourians, the number of homes insured against damage from earthquakes declined between 2008 and 2017, according to a Residential Earthquake Coverage Report released by the Missouri Department of Insurance. The …
The Earthquake Brace + Bolt program closed its latest registration with more than 7,500 California homeowners applying for 2,000 retrofit grants. The EBB, funded primarily by the California Earthquake Authority, closed registration on Friday. The CEA reported the turnout on …
Catastrophic losses this year due to extreme weather events have led to a growing interest in parametric insurance in the U.S., according to industry experts. Parametric coverage is also gaining traction as hazard modeling continues to improve, weather stations more …
A new study on California homowners shows a general awareness of earthquakes and other natural hazards, but that those owners did not necessarily take action to mitigate risks, and many didn’t know whether their home had been retrofitted. Results of …
The California Earthquake Authority put out a notice reminding residents in the state that Tuesday marks the 23rd anniversary of the 1994 Northridge earthquake. The magnitude-6.7 shake that widespread damage to freeways, office buildings and homes. The cost to rebuild …
The 5.0 magnitude earthquake that struck near the oil and gas storage hub of Cushing, Oklahoma, on Nov. 6 put the nation on alert to the vulnerability of the country’s oil reserves to the significant increase in seismic activity in …
