Earthquakes News

Kansas State Official Links Quakes to Waste Water Disposal

A state group says a steep increase in earthquakes in south-central Kansas likely is caused by the disposal of waste water from an oil and gas extraction process often called fracking. The state recorded more than 120 earthquakes last year, …

Global Risk Investment May R!SE With U.N., Willis-Backed Initiative

There is opportunity in climate change. That’s the frown-upside down view being taken by at least one large insurance broker under part of a global initiative to heighten the awareness of global risk and investing opportunities. Operating under the umbrella …

More Earthquakes in Oklahoma in 2014 than in Past 30 Years

Officials say Oklahoma had more earthquakes last year than in the past 30 years. The U.S. Geological Survey says 567 earthquakes with magnitudes of 3.0 or greater were registered in Oklahoma, making it the most seismically active state in the …

Small Quakes Hit Area North of Los Angeles

Two small earthquakes have struck north of Los Angeles, shaking parts of Ventura and Los Angeles counties, but officials say there have been no reports of injury or serious damage. The U.S. Geological Survey says a magnitude-4.2 quake hit Saturday …

Christmas Quakes Rattle Parts of Central Oklahoma

Two earthquakes have rattled parts of central Oklahoma. The U.S. Geological Survey says a magnitude 3.8 earthquake struck in Logan County at about 2.30 p.m. on Christmas Day about three miles south of Guthrie and 30 miles north of Oklahoma …

A.M. Best Report: Last Resort Insurers Welcome Catastrophe Bond Market

The convergence market has provided an opportunity for entities that act as insurers of last resort to transfer some of their peak exposures to the capital markets, according to a Best’s Special Report titled, “Last Resort Insurers Welcome Relief From …

South-Central Kansas Rattled by More Quakes

Four more earthquakes were reported in south-central Kansas during the weekend. No serious injuries or damage was reported. The U.S. Geological Survey says the largest quake was a 3.8-magnitude earthquake that was centered northwest of Anthony in Harper County early …

Aon Benfield Launches Arabian Earthquake Model

Impact Forecasting, Aon Benfield’s catastrophe model development unit, launched a catastrophe model to estimate the financial impact of earthquakes in the Arabian Peninsula. The demand for catastrophe modeling in the countries of Gulf Cooperation Council (GCC) is increasing as a …

Study Links Fracking to Hundreds of Ohio Quakes

A new study suggests fracking triggered hundreds of small, unnoticeable earthquakes in eastern Ohio late last year, months before the state first linked seismic activity to the much-debated oil-and-gas extraction technique. The report, which appears in the November issue of …

4.2 Magnitude Quake Strikes near Guthrie, Oklahoma

The U.S. Geological Survey has recorded two earthquakes near Guthrie, including a magnitude 4.2 temblor. The USGS said the 4.2 magnitude quake was recorded at 3:08 p.m. on Sept. 15 one mile southeast of Guthrie and a 3.2 magnitude quake …