May 5, 2008
Two moderate earthquakes shook the Mogul-Somerset area just west of Reno, Nev., on April 24, 2008, according to the Nevada Seismological Laboratory. While there were no immediate reports of damage, the laboratory predicts aftershocks will continue to be felt for …
May 5, 2008
The 5.2 magnitude earthquake that struck the Midwest last month has caused damage to a gym at an elementary school in East Alton,. Ill. Officials at Eastwood elementary School have roped off the gym with yellow caution tape and closed …
May 5, 2008
204 The number of jobs Nationwide Insurance announced it would be cutting from its Portland, Ore., offices, as part of a plan to eliminate certain departments. Company spokesman Joe Case said more than 300 employees will remain in the Portland …
May 5, 2008
The insurance industry is preparing to build a state-of-the-art applied research facility that will use science and technology to expand capabilities to create more durable homes and businesses and reduce the costs of natural disasters. The Institute for Business & …
May 5, 2008
Weeks after a 5.2 level earthquake rocked the Midwest from Cairo, Ill., to Atlanta, Ga., geologists and the insurance industry are still discussing the impact of the quake — such as increases in the purchase of earthquake insurance. Earthquake endorsement …
May 2, 2008
A report from Standard & Poor’s Ratings Services analyzes the catastrophe bond and reinsurance sidecar markets, which, S&P concludes, have “experienced sharp surges of activity after 2005.” However the “growth of these insurance-linked securities (ILS) has been slowing since the …
May 1, 2008
A moderate earthquake hit a mountainous region of Northern California on Tuesday night. There are no immediate reports or injury or damage. The magnitude-5.2 temblor struck at 8:03 p.m., centered about 11 miles southeast of the town of Willow Creek …
May 1, 2008
A University of Utah earthquake expert received a lifetime achievement award from the Western States Seismic Policy Council. Walter Arabasz got the award last week at a national earthquake conference in Seattle. He is director of the university’s Seismograph Stations. …
May 1, 2008
Dozens of minor earthquakes shook Reno, Nevada, on April 27 as a sequence of temblors entered its third month and prompted some frazzled residents to leave their homes. Officials recorded more than 150 aftershocks on the western edge of the …
April 30, 2008
Nevada Gov. Jim Gibbons encouraged citizens throughout the state to prepare for emergencies by building an emergency kit, developing a family response plan and ensuring they maintain access to communications networks during times of emergency. “The ongoing earthquake swarm in …