Lorca News

EQECAT Estimates Spain Quake Insured Losses at Maximum $100 Million

Catastrophe modeling firm EQECAT has released a “CatWatch update” on the market loss estimate for the May 11 earthquake near Lorca, Spain, which indicates that, based on the latest information available, insured losses are not expected to exceed $100 Million. …

Earthquakes Hit Southern Spain; At Least 8 Dead

Two earthquakes, the first measured at magnitude 4.4, and the second a much stronger tremor measured at magnitude 5.2, struck Southern Spain near the city of Lorca late Wednesday afternoon at 6:47 PM, local time. At least 8 people reportedly …