Utah News

Earthquakes Raise Questions of Future Shocks, Public Readiness

Just weeks after earthquakes rattled Nevada, the Midwest and the coast of Oregon, and on the heels of the 102nd anniversary of San Francisco’s 1906 earthquake, the public, government officials and insurance industry professionals are wondering whether towns across could …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Human Services Nuts & Bolts: Travis Pederesen and Associates is offering general liability, professional, umbrella, …

Davidow, Shea Picked to Lead Medicus Insurance Company

Eugenie Shea joined Austin, Texas-based medical liability insurer Medicus Insurance Company as president and chief operating officer. In addition to her responsibilities as president and COO, Shea will also serve as executive vice president of the parent company, Medicus Insurance …

Earthquake Expert Honored in Utah for Lifetime of Service

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. …

Insurers Expected to Halt New Business in Nevada as Temblors Continue

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 …

Nevada Residents Warned Bigger Earthquake Could be Coming

Scientists urged residents of northern Nevada’s largest city to prepare for a bigger event as the area continued rumbling Saturday after the largest earthquake in a two-month-long series of temblors. More than 100 aftershocks were recorded on the western edge …

Liberty Mutual to Acquire Safeco Insurance in $6.2B Deal

Liberty Mutual Group has agreed to acquire all outstanding shares of common stock of Safeco Corp. for $68.25 per share in cash in a deal that will make Liberty Mutual the fifth largest U.S. property/casualty insurer and second largest surety …

USGS: Earthquakes Serious Threat in 46 States, Ups Risks in Washington, Oregon

Scientists at the U.S. Geological Survey (USGS) have updated the USGS National Seismic Hazard Maps, and noted that earthquakes remain a serious threat in 46 of the United States. For some areas such as western Oregon and Washington, USGS increased …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Liquor Liability Coverage Nuts & Bolts: Advanced E&S Insurance Underwriters recently announced the offering of …

Utah To Examine Earthquake Vulnerabilities

A Utah advisory panel is planning on developing a priority list for assessing state buildings that might be vulnerable in an earthquake. The Utah Seismic Safety Commission plans on finding out what seismic assessments have already been conducted for all …