Earthquakes News

Earthquake Rocks Illinois; Causes Minor Damage in Several States

An earthquake that measured 5.2 on the Richter Scale rocked buildings in Chicago and damaged roads in Ohio and Kentucky. The quake hit Friday morning at 4:37 a.m. The epicenter was in the town of West Salem, Ill., which is …

Mississippi Insurance Commissioner: Check Policy for Earthquake Coverage

The earthquake that struck the Midwest today should serve as a reminder to many Mississippians that they too are at risk for earthquake damage. Mississippi Commissioner of Insurance Mike Chaney urges all Mississippians to check their homeowner policy for earthquake …

Utah To Examine Earthquake Vulnerabilities

A Utah advisory panel is planning on developing a priority list for assessing state buildings that might be vulnerable in an earthquake. The Utah Seismic Safety Commission plans on finding out what seismic assessments have already been conducted for all …

California Earthquake Authority To Use New Science in Determining Rates

The California Earthquake Authority (CEA) announced today it will begin using a newly released, uniform scientific method in determining insurance rates and the most accurate prices for consumers. Partially funded by the CEA, the new Uniform California Earthquake Rupture Forecast …

Study Shows Odds High for Big California Quakes

California has more than a 99 percent chance of having a magnitude 6.7 or larger earthquake within the next 30 years, according scientists with the U.S. Geological Survey. The scientists came to their conclusion after using a new model that …

Scientists Baffled by Swarm of Quakes Off Oregon Coast

Scientists listening to underwater microphones have detected an unusual swarm of earthquakes off central Oregon, something that often happens before a volcanic eruption — except there are no volcanoes in the area. Scientists don’t know exactly what the earthquakes mean, …

Report: Magnitude 6 Quake Would Be Deadly in Salt Lake City

A new report says an earthquake like the one that hit Wells, Nev., two months ago would have catastrophic effects if it were centered in Salt Lake City. The Federal Emergency Management Agency says a quake with a magnitude of …

Report: Underwriting Hurt Insurers’ Bottom Lines in 2007

Steep declines in underwriting profits hurt bottom lines for property casualty insurers, which saw their 2007 profits slip slightly from a year earlier, a new report from three industry groups says. The industry’s net income after taxes fell 5.8 percent …

People

The Governing Board of the California Earthquake Authority has hired Glenn A. Pomeroy as CEO. Pomeroy has extensive experience in public service positions, including former commissioner of insurance of North Dakota. In addition, Pomeroy has served as North Dakota securities …

Utah Coal Mine Closed Over Safety Problems

The deepest coal mine in the United States abruptly shut down, a week after the company was hit with a huge safety fine and was being assessed for other violations at a nearby mine. UtahAmerican Energy Inc. said “unexpected and …