TweetRight now it’s difficult not to talk about and think about what’s going on in Japan. Reuters is reporting that in the 1.8 mile band along the coast that was most affected by the earthquake and tsunami, there’s about $24 … Continue reading
Category Archives: Earthquake Insurance
Industry Begins to Ponder Role of Climate Change
TweetIn browsing around today, I ran across a report from Reuters about insurers struggling to factor in the growing risks from climate change. The article was in specific reference to the massive floods in Australia and Brazil, but what caught … Continue reading
Earthquake Insurance in Tennessee?
TweetAn earthquake in Memphis, Tennessee? That’s a joke, right? Actually not. Memphis sits in the New Madrid seismic zone, a region of the American heartland that gets 150 to 200 tiny earthquakes every year — so small they can only … Continue reading
California Revamps Earthquake Maps, Adds 50 New Faults
TweetCalifornia residents without earthquake insurance might want to rethink that decision. Why? Because geology officials in the Golden State have recently released an updated seismic activity map of the state – the first such update since 1994 – and it … Continue reading
Moody Downgrades California’s Earthquake Rating
TweetThe California Earthquake Authority (CEA) has reported that Moody’s Investors Service has affirmed the A3 rating on the Authority’s 6.169% fixed-rate Series 2006-B revenue bonds, due to mature July 20, 2016, and downgraded the rating outlook from stable to negative. … Continue reading