Earthquakes News

Pair of Quakes Rattle Central Portions of Oklahoma

Two earthquakes have rattled portions of Oklahoma that are becoming accustomed to experiencing many of the temblors. The U.S. Geological Survey recorded a 3.4 magnitude quake near Medford Sunday. Shortly before that, the survey recorded a 2.5 magnitude quake near the …

Swiss Re 2015 Economic Cat Loss Initial Estimates = $85Bn; $32Bn Insured

Swiss Re‘s latest sigma report preliminarily estimates that total economic losses from natural catastrophes and man-made disasters will reach approximately $85 billion in 2015. Insured losses, however, were just $32 billion. In total, approximately 26,000 people lost their lives in …

3 Small Quakes Shake Central Arizona, Phoenix

Three small earthquakes rattled parts of central Arizona, jolting people in cities 160 miles apart, including parts of the Phoenix area. There were no immediate reports of injury or major damage. The U.S. Geological Survey said a magnitude 4.1 temblor …

Earthquake Swarm Around San Francisco Persists

The U.S. Geological Survey reports that in the last two weeks more than 400 small earthquakes have hit a city east of San Francisco. KNTV reported that the city of San Ramon appears to have broken an earthquake record with …

Quakes Still Rattling Area East of San Francisco

A series of small earthquakes that have struck east of San Francisco since last week continue to rattle the region. KGO-TV reported Tuesday that the largest one so far, a magnitude-3.5 temblor struck around 4:20 p.m. Monday, according to the …

Will This Earthquake Cause Damage? Tips to Think Like a Seismologist!

This post is part of a series sponsored by CoreLogic Earthquakes have the potential to cause major destruction and disruption to society. Damage caused by earthquakes can be catastrophic and can have both a humanitarian and financial impact.  So when …

S&P: ILS Investors Could Get Burned as Covered Perils Expand, Terms Widen

The catastrophe bond market will continue to grow by 10 to 20 percent per year, driven in part by the increase in covered perils and the broadening of event definitions, according to a report published by Standard & Poor’s. But …

Nevada Hit by More Than 5,000 Earthquakes in Past Year

Seismologists say a year-long swarm of earthquakes in northwest Nevada could be linked to volcanic activity. The University of Nevada’s Reno Nevada Seismological Laboratory announced this week that there have been 5,610 earthquakes in the swarm that started in July 2014 …

Global Insured Cat Losses in First Half Are Below Long-Term Average: Munich Re

Overall losses and insured losses from natural catastrophes during the first half of 2015 were below long-term average values, according to a review of global natural catastrophes issued by Munich Re. Total natural catastrophe losses incurred in the first half …

Colorado Commissioners Move Injection Well Proposal Forward

A company is closer to putting an injection well online with approval from commissioners in a northwest Colorado county. The Rifle Citizen Telegram reported Garfield County commissioners gave the go-ahead this week to a land use application from Ursa Resources …