Latest Earthquake Headlines
All the headlines from our Earthquake Topic Page, ordered by recency.
Caribbean Cat Facility, CCRIF, Pays Nicaragua $1.1M for Hurricane Otto
Dec 14 2016 // CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) made a payout of US$1.1 million to the government of Nicaragua as a result of damages from Hurricane Otto. Damages triggered a CCRIF payment on the...
CEA Using California Quakes as Opportunity to Spread the Word
Dec 8 2016 // In the way of a magnitude 6.5 earthquake off the Northern California coast at 6:45 a.m., a hundred miles west of Eureka, and then a few hours later a magnitude 5.0 in the same general area, the California Earthquake...
New Zealand Quake’s Insured Losses Estimated at $705M-$3.5B: Aon Cat Report
Dec 8 2016 // Insurance losses from last month’s magnitude 7.8 earthquake in New Zealand are likely to range between NZ$1.0 to 5.0 billion (US$705 million and US$3.5 billion), according to a report published by Impact Forecasting,...
Indonesia’s M6.5 Quake Kills Nearly 100 with Low Insurance Losses Expected: AIR
Dec 8 2016 // An M6.5 earthquake jolted the northernmost area of Sumatra, Indonesia, on Dec. 7 at 5:03 a.m. local time, with nearly 100 fatalities and more than 600 injuries reported. The epicenter was 19 kilometers (11.8 miles)...
Insured Losses from Italy’s October Earthquakes Estimated at $33.3M: PERILS
Dec 7 2016 // The initial estimate of the property insurance market loss from the series of earthquakes that hit central Italy in October is €31 million ($33.3 million), according to PERILS, the independent Zurich-based organization...
Residents, Pawnee Nation File Suits Following 5.8 Mag Quake
Dec 5 2016 // Residents of Pawnee, Okla., have filed suit in district court against 27 energy companies, saying they operate wastewater injection wells even though they know the method causes earthquakes. The lawsuit seeks an...
The California Earthquake Authority 20 Years Later
Dec 1 2016 // Twenty years ago today insurers began selling California Earthquake Authority policies – two years off of a hard lesson learned by the state’s residents and its insurance market. But 20 years later are we any...
RMS Peru Earthquake Model and Actuaries Climate Index Are Launched
Dec 1 2016 // RMS and a group of actuarial societies each rolled out new products designed to respectively help measure risks related to earthquake and weather events. In RMS’ case, the catastrophe modeling firm gained regulatory...
Oklahoma Earthquakes: The Emerging Risk from Induced Seismicity
Dec 1 2016 // This post is part of a series sponsored by CoreLogic. California is typically the first place that comes to mind when one thinks of earthquake activity in the U.S. In recent years, however, the central U.S. – especially...
Earthquakes with Magnitudes of 3.4 and 4.3 Recorded in North-Central Oklahoma
Nov 28 2016 // The U.S. Geological Survey on Sunday recorded a magnitude 3.4 earthquake in north-central Oklahoma just two days after a 4.3 magnitude temblor struck in the same area. The 3.4 magnitude quake was recorded at 8:34 a.m. on...
2 New Earthquakes Recorded near Oklahoma Oil Hub
Nov 23 2016 // Two earthquakes recorded within one minute of each other have shaken an area in north-central Oklahoma near the site near of a key oil hub. The U.S. Geological Survey says the earthquakes occurred Nov. 22 in Cushing in...
Rejecting Science, Texas Still Denies Fracking Link to Quakes
Nov 22 2016 // A white Chevy Suburban with “Railroad Commission of Texas” emblazoned on its side rolled north on Interstate 35. Behind the wheel sat Milton Rister, the commission’s director. Trim and balding, Rister was...
Major Canada Earthquake Could Lead to Widespread Insurer Insolvencies: Report
Nov 22 2016 // A massive earthquake off the coast of British Columbia has the potential to cause widespread failure among insurance companies and trigger a domino effect across the financial sector, according to a Conference Board of...
7.4 Earthquake off Coast of Fukushima Jolts Japan; Tsunami Alert Lifted
Nov 22 2016 // A powerful earthquake rocked northern Japan early on Tuesday, briefly disrupting cooling functions at a nuclear plant and generating a small tsunami that hit the same Fukushima region devastated by a 2011 quake, tsunami...
27 Energy Companies Sued by Quake-Weary Oklahomans
Nov 21 2016 // Residents of a town hit by Oklahoma’s strongest earthquake have filed a class-action lawsuit against dozens of energy companies, accusing them of triggering destructive temblors by injecting wastewater from oil and...
In Oklahoma, Pawnee Nation Files Suit to Void Drilling Permits
Nov 21 2016 // The Pawnee Nation of Oklahoma has filed a lawsuit against the federal government to void drilling permits for oil and natural gas wells on tribal land that the tribe alleges cause earthquakes in northern Oklahoma. The...
Only 4 Out of 300 Claims Paid After Record Oklahoma Earthquake
Nov 21 2016 // Nearly 300 damage claims have been submitted since Oklahoma’s largest earthquake in September, but only four of those claims have been paid. An analysis of Oklahoma Insurance Department data by the Tulsa World shows...
Rising Earthquake Risks and Oklahoma’s Insurance Market
Nov 21 2016 // The 5.0 magnitude earthquake that struck near the oil and gas storage hub of Cushing, Oklahoma, on Nov. 6 put the nation on alert to the vulnerability of the country’s oil reserves to the significant increase in...
Washington Governor Wants Coordinated Earthquake, Tsunami Response Plan
Nov 21 2016 // Washington Gov. Jay Inslee is directing several state agencies to work together to prepare for a coordinated plan in case of a catastrophic earthquake and tsunami. The directive, which was issued earlier this month,...
Report: Big One Along Full Length of San Andreas Could Be Quite Destructive
Nov 21 2016 // A large earthquake along the San Andreas fault impacting both Northern and Southern California at the same time could wreak much more havoc than most may believe. Such an event, once considered impossible up until...
