Earthquakes News

Californians Told to Expect Aftershocks Following Earthquake

Federal officials said they will continue to monitor and coordinate with California agencies regarding Tuesday’s 5.4 magnitude earthquake that struck just south of downtown Los Angeles. The Federal Emergency Management Agency (FEMA) also urged residents to be prepared for more …

State’s Building Code Helps Minimize Losses from California Earthquake

The moderate earthquake that struck Los Angeles late Tuesday (July 29) morning at 11:42am PDT has not caused major damage or serious injury, according to early eyewitness reports and the Los Angeles Fire Department. Based on the latest available information …

Calif. Earthquake Authority Prepared to Handle Claims; Expects Minor Damage

Only 12 percent of California homeowners currently own earthquake insurance policies, potentially leaving millions of Californians financially unprotected in the event of a catastrophic quake. Of the 12 percent of California’s homeowners that do have earthquake coverage, the California Earthquake …

Utah Geologists Look for Earthquake Fault Clues

Utah State University geologists say a close look at a deep trench along the East Cache Fault has uncovered some good news: There’s no evidence of recent earthquakes along that section of the fault. USU geology associate professor Susanne Janecke …

FEMA Planning Earthquake Forum in Indiana

One of two federal government-sponsored forums in Midwestern cities to help businesses prepare for a major earthquake will be held in Evansville. The Federal Emergency Management Agency (FEMA) says the goal of the September program is to educate businesses about …

Narragansett Bay Insurance Adds Chief Risk Officer Talerico

Narragansett Bay Insurance Co. in Pawtucket, Rhode Island, has added Mark Talerico as chief risk officer. Overseeing Narragansett Insurance’s distribution of risk in homeowners insurance, Talerico will guide the company’s exposure management. Prior to joining Narragansett Bay, Talerico worked as …

Strong Quake Shake Northern Japan Coast But No Tsunami Danger

A strong earthquake with a magnitude 6.1 earthquake struck off the northern Japanese coast Monday, but there was no danger of a tsunami, the nation’s weather agency said. The quake occurred at 8:30 p.m., about 20 miles below the ocean’s …

Obtaining Optimal Catastrophe Coverage

In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking solutions that will help them obtain the best-possible catastrophe coverage for their clients. Following the 2005 hurricane season with Wilma, Katrina and Rita, …

Lockton’s James Sees Bigger Role for Brokers as Risk Climate Worsens

The current global risk environment is a time to “analyze operations and take the tough decisions necessary to ensure survival in any downturn,” Julian James, a senior executive with global insurance broker Lockton, told an international audience of insurance industry …

2008 Catastrophe Losses Already Exceed 2007; On Track to Pass 2006

A large number of exteme weather events pummeled the United States in the first half of the year, and worldwide 2008 may go down in history as a year with one of the highest number of natural catastrophe victims, according …