A new study by researchers at the University of Texas at Austin concludes that human activity has been a factor in earthquakes throughout the state for nearly 100 years. The study conclusions are in a paper to be published in …
The global economy suffered the worst April natural disaster losses for five years, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. Earthquakes, convective storms and flooding contributed to the worldwide devastation, said Impact Forecasting, noting that a significant …
Ecuador will temporarily increase some taxes, sell assets, and may issue new bonds on the international market to fund a multi-billion dollar reconstruction after a devastating 7.8 magnitude quake, a somber President Rafael Correa said on Wednesday [April 20]. The …
An earthquake that struck southern Japan on April 16 will probably cost insurers as much as 320 billion yen ($2.9 billion), according to catastrophe modeler AIR Worldwide. The cost might be as low as 180 billion yen, the company said …
World leaders from the Vatican to Washington offered support to Ecuador as casualties mounted following one of the strongest earthquakes to strike the South American country in decades. The number of dead has climbed to at least 350 from 272 …
The death toll from earthquakes that struck southern Japan rose to 42 and the economic impact began to reverberate Monday as companies surveyed damage and the potential effects on production from supply-chain disruptions. The quakes that struck the island of …
The earthquake in southern Japan that killed nine people, damaged buildings and derailed a bullet train also halted production at a Sony Corp. camera-chip factory, a key part of the global smartphone supply chain. The plant in Kumamoto on the …
The number of confirmed deaths in a weekend earthquake in Taiwan edged up to 37, with the final toll estimated to be much higher as more than a hundred people were still reported missing. Efforts to dig through collapsed buildings …
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 …
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 …
