Earthquakes News

Small Quake Reported in Oklahoma; Second in a Week

A small earthquake has been recorded near Carney, Okla., in northwest Lincoln County. The U.S. Geological Survey says the quake struck at 6:57 p.m. Jan. 29 with a preliminary magnitude of 2.4. A magnitude 2.5 to 3 quake is generally …

Kentucky Experiences Minor Quake

In the midst of a winter storm that has left hundreds of thousands of Kentuckians without electricity, a minor earthquake has hit in southeastern Kentucky. The University of Kentucky’s Kentucky Geological Survey Web site says the magnitude 3.1 quake occurred …

S&P Assigns Preliminary Ratings to Atlas Re V Securitization

Standard & Poor’s Ratings Services has assigned its preliminary credit ratings to the $200 million principal at-risk variable-rate notes series 1, 2, and 3 issued by Atlas Reinsurance V Ltd. “The sponsor and ceding reinsurer for this transaction is SCOR …

Earthquake Reported in Central Oklahoma

The U.S. Geological Survey is reporting an earthquake southwest of Oklahoma City. The quake had a preliminary magnitude of 3.4 and no injuries or damage were reported. The U.S.G.S. say the earthquake was felt about 5:19 a.m. Wednesday and its …

Study: Southern California Could be Overdue for Earthquake

Southern California could be overdue for a powerful earthquake along the notorious San Andreas fault line, according to a new study. New research to be published and carried out by scientists at the University of California, Irvine, suggests large quakes …

Small Earthquakes Reported in Northeast Arkansas

A series of small earthquakes occurred Jan. 26 in northeast Arkansas. The U.S. Geological Survey said three quakes of magnitudes ranging from 2 to 2.8 occurred between 1 a.m. and 5:09 a.m. a few miles east of Walnut Ridge and …

Lloyd’s Web Site Summarizes Current Opinions on Climate Change

“The string of natural catastrophes that wreaked havoc in 2008, costing the global economy $225 billion and leaving insurers with their second costliest year in history, graphically highlights the increasing risks to businesses of extreme weather events,” begins an article …

Scientist: Fault Puts East Arkansas at Earthquake Risk

A previously unknown fault in eastern Arkansas could trigger a magnitude 7 earthquake in the cotton fields of the upper South with an epicenter near a natural gas pipeline, a scientist said. Haydar Al-Shukri, the director of the Arkansas Earthquake …

West Tennessee Feels Small Earthquake But No Damages Reported

Earthquake researchers say a small quake occurred last Friday in West Tennessee but no damages from it were reported. The U.S. Geological Survey said the quake was centered about 40 miles north of Memphis and measured a magnitude 2.8. Such …

Munich Re Webinar Provides Insights on Nat Cats, Industry Strength

Munich Re’s Webinar on Thursday – 2008 Natural Catastrophes – presented a detailed analysis of the increasing number of weather related events that concern both primary carriers and reinsurers. It also gave preeminent insurance guru, Dr. Robert P. Hartwig, president …