Latest Earthquake Headlines
All the headlines from our Earthquake Topic Page, ordered by recency.
RMS Conducts Risk Analysis for SCOR’s Atlas VI Cat Bonds
Dec 13 2010 // Risk Management Solutions announced that it has successfully conducted the expert risk analysis for the second issuance of the Atlas VI bond (Series 2010-I Class A Notes) sponsored by French reinsurer SCOR Group. The...
Catastrophes Cost World $222 Billion in 2010: Swiss Re
Nov 30 2010 // According to initial estimates from Swiss Re’s sigma research team, worldwide economic losses from natural catastrophes and man-made disasters totaled $222 billion in 2010; more than triple the 2009 figure of $63...
Is Gas Drilling Causing West Virginia Earthquakes?
Nov 24 2010 // Officials say there’s no clear explanation for what may have prompted several earthquakes near Frametown earlier this year. Some have speculated that the cluster of small earthquakes was linked to local gas...
Series of Earthquakes Shake Arkansas
Nov 22 2010 // A series of earthquakes, including one with a magnitude of 3.9, has rattled parts of Central Arkansas. The U.S. Geological Survey reported a number of temblors near Guy on Saturday, with magnitudes ranging from 1.7 to...
Catlin’s Interim Statement Highlights Premium Gains
Nov 12 2010 // The Bermuda-based Catlin Group Limited’s interim management statement highlighted some significant premium increases in certain lines. The bulletin said: “Group-wide net premiums earned increased by 13 percent...
It Figures
Nov 1 2010 // $300,000 Amount members of the Independent Insurance Agents and Brokers of Washington have put toward the campaign to pass Washington voter initiative I-1082. The initiative would open up the state workers’...
Californians Asked to Volunteer to Have Earthquake Sensors in Homes
Oct 29 2010 // Scientists want to know just how much shaking is going on in California house. The U.S. Geological Survey issued a request this week for volunteer homes in Southern California to host one of its earthquake sensors. The...
272 Die in Indonesia Quake, Tsunami; Aon Benfield Analysis
Oct 27 2010 // The earthquake and the subsequent tsunami, which struck the Mentawai Islands off of the Indonesian island of Sumatra has left at least 272 dead, with over 400 people still reported missing. Indonesian authorities are also...
California Commissioner Hopeful: Assemblyman Mike Villines
Oct 21 2010 // The election for California Insurance Commissioner is a weighty one. The person selected will be in charge of regulating the approximately 1,500 insurance companies doing business in the state. Assemblyman and Republican...
California Commissioner Hopeful: Assemblyman Dave Jones
Oct 21 2010 // On November 2, Californians will select a new insurance commissioner, charged with regulating the fourth-largest insurance market in the world at about $160 billion. Assemblyman and Democrat Dave Jones recently shared why...
Record 7.7M Expected to Participate in Calif. Earthquake Drill
Oct 21 2010 // More than 7.7 million people are expected to shake, drop, cover and hold on in the country’s largest earthquake drill in history. The Great California ShakeOut is an earthquake drill in which participants practice...
Aon Sees Catastrophes, Consolidation, Regulation in Asian Re Market
Oct 19 2010 // Aon Benfield launched a market update for the key Asia Pacific reinsurance hubs of Australia/New Zealand, Japan, Singapore and China at the recently concluded East Asian Insurance Congress (EAIC) in Bali. The announcement...
California’s Commissioner Hopefuls
Oct 18 2010 // Unlike many voters, the hundreds and thousands of independent insurance agents and brokers in California know the November 2 election will be a pivotal one. After all, on that day, Californians will select a new insurance...
Assemblyman Mike Villines
Oct 18 2010 // Republican Mike Villines was elected to the California Assembly in 2004 to represent the counties of Fresno and Madera. He serves on the board of the State Legislative Leaders Foundation, a nonprofit organization that...
Recent Oklahoma Earthquake Among Strongest in State
Oct 15 2010 // One of the strongest earthquakes recorded in Oklahoma rattled parts of five states on October 13 and left two people with minor injuries. The earthquake struck at 9:06 a.m. about six miles east of Norman in Cleveland...
Earthquake Rattles Parts of Oklahoma
Oct 14 2010 // An earthquake has rattled parts of central Oklahoma and was felt as far away as southern Kansas. There are no reports of damage or injury. Geophysicist Don Blakeman with the National Earthquake Information Center said the...
Nevada To Expand Earthquake Lab
Oct 5 2010 // A new $12.2 million federal grant will allow the University of Nevada, Reno, to more than double the size of its earthquake research center, making it the largest quake simulation facility in the country, school officials...
Minor Earthquake Hits Virginia
Oct 4 2010 // The U.S. Geological Survey says a minor earthquake has hit Virginia. Dale Grant, a geophysicist with the USGS, said the magnitude 3.0 earthquake happened at 4:17 p.m. Saturday. Its epicenter was about 20 miles north of...
Declarations
Oct 4 2010 // A Continuing Objective “Our objective remains the same at AIG, which is to repay taxpayers and position AIG over time as a strong, independent company worthy of investor confidence.” —An anonymous source from...
CEA Aims to Improve Value, Affordability of Calif. Earthquake Insurance
Oct 4 2010 // Californians might have more reason to retrofit their homes to better withstand a major earthquake, thanks to a recently adopted building code for retrofitting existing structures. The standard, approved in August by the...