July 30, 2008
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 …
July 30, 2008
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 …
July 30, 2008
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 …
July 25, 2008
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 …
July 23, 2008
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 …
July 22, 2008
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 …
July 22, 2008
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 …
July 21, 2008
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, …
July 17, 2008
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 …
July 9, 2008
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 …