Latest Earthquake Headlines
All the headlines from our Earthquake Topic Page, ordered by recency.
RMS Ups UK Quake Loss Estimates: $30 to $60 Million
Mar 3 2008 // Risk Management Solutions has given updated estimates of the likely insured losses caused by the earthquake that struck Market Rasen in Lincolnshire in Northeast England on Thursday (See IJ web site –...
Earthquake Strikes England; No Deaths Reported, Initial Damages $20 Million
Feb 28 2008 // The British Geological Survey (BGS – http://www.earthquakes.bgs.ac.uk/) recorded an earthquake with a magnitude of 5.2 (ML) on the Richter scale near Market Rasen, Lincolnshire at 00:56 GMT, yesterday, Feb. 27. While...
Most Utah Homeowners Don’t Buy Earthquake Coverage
Feb 26 2008 // That earthquake in eastern Nevada last week may be a bit of a wake-up call for Utah homeowners. According to the Utah Department of Insurance, most homeowners in the state don’t have coverage for earthquakes. Like...
Magnitude 6.0 Earthquake Strikes Northeastern Nevada
Feb 22 2008 // A strong earthquake struck near the northeastern Nevada town of Wells Thursday, causing major structural damage to some older masonry buildings, igniting small fires and bursting windows in homes and businesses. According...
Earthquake Reported in Southern Okla.
Feb 19 2008 // A magnitude 2.4 earthquake shook southern Oklahoma at 9:41 a.m. on Feb. 15, according to the Oklahoma Geological Survey at Leonard. The OGS said the quake’s epicenter was three miles northwest of Caddo in Bryan...
WKF&C Offers Earthquake Deductible Buybacks Coverage
Jan 25 2008 // Tom Wilson, president of WKF&C Agency, Inc., has announced that his firm will be offering earthquake deductible buybacks from an A.M. Best-rated “A” admitted carrier. With all construction types...
Ark. Mayor Says Anti-tremor Measures Could Stop Development
Jan 22 2008 // A new Arkansas state law is intended to keep buildings from falling down if a big earthquake strikes in the New Madrid Fault Zone, but Blytheville Mayor Barrett Harrison says the law could keep the buildings from ever...
Frequency of Ohio Earthquakes Seems on the Rise
Jan 15 2008 // It was just a relatively small shake, an earthquake beneath Lake Erie that was a mild 3.1 magnitude that could be felt in some lakeshore communities. Still, Ohio seems increasingly prone to the shakes; there have been 25...
Stronger Earthquake Code Rules For Ark. On Hold
Jan 13 2008 // An Arkansas legislative committee in early January 2008 put off a review of the state’s building code after lawmakers questioned costs related to making structures withstand earthquakes that come once every 2,500...
Best Report Warns on Danger of ‘Moderate Quakes’ in Europe
Jan 8 2008 // In a special report A.M. Best Co. warns that “lurking beneath Central Europe are numerous faults that rarely break the ground surface but that still could lead to large scale catastrophe losses for insurers and...
Insurance Bureau of Canada Calls for ‘Heightened Cooperation’ on Quakes
Jan 8 2008 // Central Europe isn’t the only place in the world that faces earthquake threats (See related article). The Insurance Bureau of Canada has issued a call for the creation of an ongoing working group between the...
Rules on Stronger Earthquake Codes for Ark. on Hold for Now
Jan 7 2008 // An Arkansas legislative committee has put off a review of the state’s building code after lawmakers questioned costs related to making structures withstand earthquakes that come once every 2,500 years. Firefighters...
Nationwide Raises Earthquake Coverage Deductible in Ohio
Jan 4 2008 // Nationwide Mutual Insurance Co. is raising the deductible on its earthquake coverage because of the risk of major losses from an earthquake. Columbus-based Nationwide is raising the deductible from 2 percent to 5 percent...
Mauna Kea Beach Hotel Owners Sue Insurer for Earthquake Claim
Jan 3 2008 // The Mauna Kea Beach Hotel on the Big Island of Hawaii has sued one of its insurance carriers for denying a $20 million claim stemming from last year’s earthquakes. The hotel has been closed for repairs and...
Maryland County Pulls Plug on Earthquake Hotline
Dec 31 2007 // Maryland’s Howard County has pulled the plug on its earthquake hotline. County Fire Department Captain Ryan Miller says the county now has other ways for residents to report and receive information during a disaster....
Natural Disasters, Fires, Floods, Fair Conduct Fueled Insurance Industry Discussions in 2007
Dec 23 2007 // While 2007 was surprisingly calm year for hurricanes, that doesn’t mean Mother Nature didn’t have a tantrum or two. In the past year, the West faced its share of disasters, with freezes, floods and fires making...
S&P Report Examines Calif. Earthquake Insurance
Dec 2 2007 // The Golden State got a jolt on Oct. 30 with a 5.6 magnitude earthquake just outside of San Jose. An article published by Standard & Poor’s Ratings Services, “Is California’s Earthquake Insurance...
From Insurance Consumer to Commissioner
Dec 2 2007 // While the position of California Insurance Commissioner is elected and there are already rumblings that he’d make a good gubernatorial candidate in 2010, current California Insurance Commissioner Steve Poizner says...
Numbers of Mo. Homeowners Buying Earthquake Insurance Drops
Nov 26 2007 // The cost of earthquake insurance has gone up in Missouri, and the number of people buying it has gone down. Figures from the state Department of Insurance show that earthquake coverage was carried on fewer than 38 percent...
AIR Estimates Chile Earthquake Insured Losses Not Over $80 Million
Nov 16 2007 // AIR Worldwide Corporation announced that it estimates insured losses from a major earthquake that struck the coast of Chile on Wednesday will likely not exceed $80 million. AIR noted that the “USGS has issued a...
