I would love to hear your basis for “everything that can be done has been done to mitigate damage from quakes”. Obviously you are not involved in catastrophic risk. Hopefully you are not in a position that has anything to do with assessing risk.
Poor assumptions Underryder. I’ve sucessfully managed the underwriting and claims response to catastrophic risks and losses for 30 years with regional and national carriers.
Quake resistant construction/building codes have been in place for years. Anything that can economically be retro-fitted has been. Evacuation plans have been drawn and updated. What’s left? Drawing up a recovery plan maybe. When ma nature decides to hit, she’ll hit.
Hopefully YOU aren’t in a position that has anything to do with assessing risk!
I find it hard to believe that the great State of California has reached the perfect balance between safety and economic development in its building codes. I don’t even want to broach the subject of compliance with such codes. Secondly I don’t believe we have reached the pinnacle in understanding earthquakes with no benefits derived from further research and analysis. After all, with every major CAT event, there is a change to building codes, evacuation plans, recovery plans, etc… I would prefer to see a continued study with lessons learned without having to wait for the next big event to get educated. So again back to your comment “everything that can be done has been done” is a little too arrogant for me. There is always more to learn. Hopefully you didn’t loose too much in your retirement account and can still retire soon. Sounds like its time for a changing of the guard.
uh, what about insurance coverage? Studies show that maybe 15% of folks in ca have coverage – so who’s going to pay to fix everything? A BIG quake isn’t going to let even the best manmade construction stand, there are going to be losses and people looking for help. What if Ca makes folks get coverage (that’s properly rated)before this whole thing turns into a shaky version of Katrina? There’s plenty to be done.
Since everthing that can be done has been done to mitigate damage from quakes, so why the constant mental masturbation of “when” the big one will hit?
I would love to hear your basis for “everything that can be done has been done to mitigate damage from quakes”. Obviously you are not involved in catastrophic risk. Hopefully you are not in a position that has anything to do with assessing risk.
Poor assumptions Underryder. I’ve sucessfully managed the underwriting and claims response to catastrophic risks and losses for 30 years with regional and national carriers.
Quake resistant construction/building codes have been in place for years. Anything that can economically be retro-fitted has been. Evacuation plans have been drawn and updated. What’s left? Drawing up a recovery plan maybe. When ma nature decides to hit, she’ll hit.
Hopefully YOU aren’t in a position that has anything to do with assessing risk!
I find it hard to believe that the great State of California has reached the perfect balance between safety and economic development in its building codes. I don’t even want to broach the subject of compliance with such codes. Secondly I don’t believe we have reached the pinnacle in understanding earthquakes with no benefits derived from further research and analysis. After all, with every major CAT event, there is a change to building codes, evacuation plans, recovery plans, etc… I would prefer to see a continued study with lessons learned without having to wait for the next big event to get educated. So again back to your comment “everything that can be done has been done” is a little too arrogant for me. There is always more to learn. Hopefully you didn’t loose too much in your retirement account and can still retire soon. Sounds like its time for a changing of the guard.
uh, what about insurance coverage? Studies show that maybe 15% of folks in ca have coverage – so who’s going to pay to fix everything? A BIG quake isn’t going to let even the best manmade construction stand, there are going to be losses and people looking for help. What if Ca makes folks get coverage (that’s properly rated)before this whole thing turns into a shaky version of Katrina? There’s plenty to be done.