Earthquakes News

Damage from Hawaii’s 6.6 earthquake predicted to be widespread

Officials have begun inspecting bridges and roads across Hawaii, following the strongest earthquake to rattle the islands in more than two decades, a 6.6-magnitude quake that caused blackouts and landslides but no reported fatalities on Oct. 15. At least one …

Figures

6.6 Magnitude of earthquake that struck the island of Hawaii, Hawaii on Oct. 15. Although there were no major fatalities, insured loss due to the damage caused by the temblors, rain and landslides are estimated to be widespread, according to …

It Figures

6.6 Magnitude of earthquake that struck the island of Hawaii, Hawaii on Oct. 15. Although there were no major fatalities, insured loss due to the damage caused by the temblors, rain and landslides are estimated to be widespread, according to …

News Currents

Damage from Hawaii’s 6.6 earthquake predicted to be widespread Officials have begun inspecting bridges and roads across Hawaii, following the strongest earthquake to rattle the islands in more than two decades, a 6.6-magnitude quake that caused blackouts and landslides but …

Declarations

Back on track “With these new appointments, the Commission is committed to a new focus for the Division of Insurance, making New Mexico a more friendly place to do insurance business, while making the industry understand that if they do …

Bustamante and Poizner in the final campaign stretch

From holding the line on new reforms to reducing uninsured motorists, a fair share of work lurks ahead for California’s soon-to-be-chosen insurance commissioner. Front-runners fighting for the honor of regulating California’s insurance industry and regulatory environment in November’s election are …

Little Help Available for Hawaii Earthquake Victims with Property Damage

When the 36-foot lava rock chimney on Theresa Wery’s historic inn collapsed during Hawaii’s earthquake, she thought her insurance would cover the damage. But she and other property owners are quickly learning that insurance companies won’t pay out after an …

Claims Handled by California Insurance Guaranty Association Drops

The number of open claims files being handled by the California Insurance Guaranty Association (CIGA) has dropped from a high of 85,000 to around 48,000, of which more than 40,000 are the result of workers’ compensation insolvencies, new CIGA Executive …

Hawaii Damage Estimated at $73 Million, Possibly from Two Quakes

Maj. Gen. Robert Lee, Hawaii’s director of civil defense, said 1,173 homes on the Big Island were damaged from Sunday’s earthquake, including 29 considered uninhabitable. Preliminary damage estimates from the earthquake hit $73 million, and President George W. Bush declared …

Survey: Commercial Market Softens, Insurer Appetite Increases

The commercial property/casualty market continued to soften during the third quarter, with indications that some insurers are finding an appetite for business in which they previously were not interested, according to the latest commercial market index survey by The Council …