earthquake insurance
Central Arkansas Shaken By Earthquakes
Residents of Arkansas and other parts of the south-central United States may want to look into earthquake insurance if Saturday was anything to go by. Central Arkansas was rattled by a series of earthquakes three days ago, including one with a magnitude of 3.9, though some reports said that it felt closer to 4.2. The […]
Read moreEarthquake Rattles Oklahoma
You probably wouldn’t think to buy earthquake insurance if you lived in Oklahoma, but perhaps wherever you are, you should think again. According to local NPR station KGOU a quake at 9:06 CDT on Wednesday morning was one of the strongest earthquakes ever recorded in Oklahoma, left two people with injuries (minor ones), and was […]
Read moreUniversity of Nevada, Reno to Expand Earthquake Research Center
If insurance against earthquakes is a concern of yours, you’ll be interested to know about a new $12.2 million federal grant that was given to the University of Nevada, Reno, in order to make their earthquake research center the largest quake simulation facility in the nation, more than doubling its size. The new Shake Table […]
Read moreFriday Filmstrips: Earthquake Insurance
Unlike hurricanes, earthquakes come with little – usually no – warning (notions about “earthquake weather” aside) which is why it’s important to consider purchasing earthquake insurance – especially if you live in an area known for fault activity. In today’s Friday Filmstrip, we share a KRON story on earthquake insurance from 2007 – but still […]
Read moreFriday Filmstrips: Earthquake Insurance
If you live in California, earthquakes are inevitable, but did you know only about 10% of homeowners have earthquake insurance? For this week’s Friday Filmstrip, we share a video from You Tube and the Insurance Journal:
Read moreInsurance Briefs: New Weather Insurance Company in MN
Earlier this month when we talked about the bizzare things people insure, we neglected to mention weather insurance, but there really are companies who offer such a product. It works much like wedding insurance, making sure that you get reimbursed for deposits and such if weather forces you to cancel any kind of event. A […]
Read moreTornado and Earthquake Hit Ontario on Eve of G8 and G20
Reuters is reporting on the odd weather events that are plaguing Ontario, Canada this week. As International leaders gather for the Group of Eight and G20 summits in the province, the region has been subject to a tornado and a 5.0 magnitude earthquake. In addition, violent thunderstorms are being predicted. In the past 24 hours […]
Read moreEarthquake Activity Not Just in California
If you believe that only Californian’s need to consider earthquake insurance, this may change your mind: already this year, there have been 47 recorded earthquakes and aftershocks in Oklahoma, and 40 of them measured at least 2.0 on the Richter scale. (Generally speaking, quakes that register at least 2.5 are the smallest we can actually […]
Read morePreliminary Loss Estimates Announced for Chilean Quake
Bermuda-based Everest Re Group has announced its preliminary loss estimate for exposures relating to the earthquake in Chile and the recent European windstorm known as Xynthia. The total? Earthquake: $225 million, Xynthia: $25 million. Representatives of the company told the press that the “…currrent estimates for these events are based on underwriters’ preliminary analyses and […]
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