Earthquakes News

New Markets

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Millions in Southern California Take Part in Earthquake Drill

At 10 a.m. this morning, millions of Southern Californians are expected to millions of people in homes, schools, businesses, government offices, and public places are expected to drop, cover, and hold on, in what is expected to be the largest …

South Carolina Holds Earthquake Drill

The ground may not be shaking, but emergency officials want South Carolina residents to be ready if and when it does. An earthquake drill was held Wednesday as part of South Carolina Earthquake Awareness Week. Emergency Management Division officials say …

New Maps Reveal Evansville’s Earthquake Risk

The U.S. Geological Survey is completing maps that will indicate earthquake hazards in the Evansville area. Geophysicist Oliver Boyd tells the Evansville Courier & Press that he hopes the final maps will be ready next June. The agency will held …

Small Earthquake Reported in East Tennessee

The U.S. Geological Survey reported a small earthquake occurred in East Tennessee, but emergency officials say no damage has been reported. The agency recorded the earthquake was centered near Maryville and occurred at about 12:30 p.m. on Oct. 31, registering …

Small Earthquakes Hits Arkansas County, Dallas Area

Federal officials say a 2.7-magnitude earthquake struck on Nov. 1 near the community of Magnet Cove in Hot Spring County, Arkansas. The U.S. Geological Survey reports the earthquake hit three miles northeast of Rockport and five miles north-northeast of Malvern …

Business Moves

The Hartford, Allianz SE The Hartford Financial Services Group Inc. finalized a $2.5 billion capital investment by Allianz SE. Under the agreement, Allianz purchased, at $31 per share, $750 million of preferred shares convertible to common stock after receipt of …

Willis Report: California May See Less Shaking in Earthquake

Ground view of collapsed building and burned area as a result of an earthquake at Beach and Divisadero, Marina District. Photo courtesy of C.E. Meyer, U.S. Geological Survey. California buildings are less likely to shake, rattle and roll in an …

Bright Spots and Challenges Go Hand in Hand in Louisiana

Despite the challenges faced by the state of Louisiana since Hurricanes Katrina and Rita wrought their havoc in 2005, there are bright spots in the state’s property casualty insurance industry, says Louisiana Commissioner of Insurance Jim Donelon. The workers’ compensation …

Study: California Earthquake Could Cause $200 Billion in Losses

If a magnitude 7.0 earthquake occured on California’s Hayward Fault today, it would result in economic losses between $210 billion and $235 billion, with only up to $30 billion likely to be insured, according to a study by Newark, Calif.-based …