A new report released today says that by decreasing barriers in the emerging market of insurance-linked securities, insurance companies might be able to obtain the capital needed to cover more risks in disaster-prone areas of the country. “Historically, insurance has …
Scientists urged residents of northern Nevada’s largest city to prepare for a bigger event as the area continued rumbling Saturday after the largest earthquake in a two-month-long series of temblors. More than 100 aftershocks were recorded on the western edge …
Geologists who gathered a week after a 5.2-magnitude earthquake shook the Midwest said they expect mild aftershocks to rattle the region for several weeks. The latest aftershock, a 3.7 magnitude temblor, was felt in Evansville on Friday, April 25, 2008, …
Lloyd’s Chairman Lord Levene told an audience of around 100 business executives in Los Angeles on Friday that London’s strengths as a leading global financial center have not been diminished by the credit crunch. Addressing the subject of current economic …
Two weeks after a 5.2 level earthquake rocked the Midwest from Cairo to Atlanta, geologists and the industry are still discussing the impact of the quake–such as increases in the purchase of earthquake insurance. Earthquake endorsement State Farm insurance spokeswoman …
Two moderate earthquakes shook the Mogul-Somerset area just west of Reno, Nev., on April 24, 2008, according to the Nevada Seismological Laboratory. While there were no immediate reports of damage, the Laboratory predicts aftershocks will continue to be felt for …
Eastern Missouri residents are scrambling to get earthquake insurance after last week’s 5.2 magnitude trembler rattled windows and shook houses. But they are finding out there’s a waiting period for coverage, even as aftershocks shake the ground. The state’s biggest …
The Wharton Risk Management and Decision Processes Center has appointed Harvey Ryland as a senior research fellow. Ryland brings to the Wharton Risk Center 30 years of experience in the field of emergency management. Ryland is the former president and …
A new state-of-the-art applied research facility will use science and technology to expand capabilities to create more durable homes and businesses and reduce the human, financial and societal costs of natural disasters. The Institute for Business & Home Safety (IBHS), …
Scientists say they know far too little about Midwestern seismic zones like the one that rumbled to life under southern Illinois Friday (April 18) morning, but some of what they do know is unnerving. The fault zones beneath the Mississippi …
