Earthquakes News

Powerful Quake Hits Northeast Indonesia

A powerful earthquake in northeastern Indonesia on Tuesday caused panicked residents to flee shaking buildings on islands in the Maluku Sea and briefly triggered a tsunami warning, officials said. The 6.5-magnitude temblor struck 210 kilometers (130 miles) from Ternate, the …

Earthquake Rattles Midwest City, Okla.

A small earthquake rattled the Midwest City, Okla., area Feb. 12, but no damage or injuries were reported, officials said. The magnitude 3.0 earthquake occurred at 12:33 p.m., 31/2 miles west of Midwest City, according to the U.S. Geological Survey …

Close to New Madrid Fault, Memphis Undertakes Earthquake Planning

Shelby County, Tennessee emergency planners must identify “pinch points” that are most vulnerable to earthquake damage, Mayor A C Wharton says. “The best safety tool we have is to be aware of what we can do to avoid harm and …

Flood Insurance: FEMA resources offer better ways to serve clients

As we are well aware, flooding caused by hurricanes and tropical storms can wreak havoc along the Eastern Seaboard and Gulf Coast from June through November. What many fail to realize, however, is that flood risk is not limited to …

Commercial clients ‘swallow a bitter pill’ when it comes to cat coverage

When it comes to property catastrophe insurance coverage, many commercial clients are being forced to swallow a bitter pill in the form of steep prices, new limits on policies, higher deductibles and a shortage in the amount of coverage available …

Fla. pols to lobby Washington for national catastrophe fund

After the Florida Legislature passed a bill that lawmakers say will address the state’s insurance problems, Gov. Charlie Crist and legislative leaders said their attention will be on pushing for a national catastrophe fund. Crist plans to lobby his peers …

Lessons learned from 2005’s Katrina and 2006’s calm hurricane season

It’s been more than a year since Katrina made landfall and businesses are still recovering. Then the 2006 Atlantic hurricane season came and went with barely a blip — despite initial projections by some that there would be two to …

Calif. commissioner to examine broker disclosure, workers’ comp issues

California Insurance Commissioner Steve Poizner may have three major priorities for his office — to make his office non-partisan, to fight insurance fraud and to prepare the state for the next major disaster — but that doesn’t mean he won’t …

One-on-one interviews with 15 insurance regulators

One-on-one interviews with 15 insurance regulators At a recent meeting of the National Association of Insurance Commissioners, Insurance Journal sat down with 15 insurance regulators to talk about issues affecting their state insurance markets, as well as industry-wide concerns. Regulators …

Minor Earthquake Detected in South Dakota

It was minor, but an earthquake hit South Dakota, east of Rapid City. The U.S. Geological Survey said the temblor measuring 3.1 on the Richter Scale registered at 3:36 a.m. Wednesday, Feb. 7. Its center was about 17 miles west …