All the headlines from our Earthquake Topic Page, ordered by recency.
Mar 20 2023 // Chile has agreed to an earthquake insurance program with the World Bank protecting it from $630 million worth of damage from strong earthquakes, in an effort to shore up risks to public debt from possible natural...
Mar 10 2023 // Mehmet Alkan, a shoe-sole manufacturer in Turkey’s earthquake-hit south, doesn’t know what will become of his company after some of his 220 employees died and half fled, reflecting the difficult transformation...
Feb 24 2023 // Chile is finalizing a deal with the World Bank for insurance against high-intensity earthquakes that would impact the country’s fiscal policy and public debt, the Finance Ministry said on Thursday.“The...
Feb 20 2023 // An earthquake false alarm nearly four years ago can teach disaster and emergency planners – and any crisis communicators, including insurers – a thing or two about communicating to the public during and...
Feb 16 2023 // Catastrophe modeling firm Karen Clark & Co. (KCC) said on Thursday it expects insured losses of $2.4 billion from the devastating dual Kahramanmaras earthquakes that hit Turkey earlier this month.The number of people...
Feb 16 2023 // Turkey would need to construct about a million new homes in the 10 provinces hit by the February 6 earthquakes, according to a property developer, signaling the massive rebuilding effort that needs to be...
Feb 14 2023 // Economic losses for the Feb. 6, 2023 earthquakes in Turkey will likely exceed US$20 billion, while insured losses will likely be more than US$1 billion, according to Extreme Event Solutions at Verisk (formerly AIR...
Feb 10 2023 // Humboldt County authorities have released the latest statistics on recovery from the December earthquake and aftershocks that struck the Northern California coast.Roughly 91 structures have been red-tagged as unsafe to...
Feb 9 2023 // Most insurance payouts due to the earthquake that hit Turkey and Syria ultimately will be borne by global reinsurers, according to Fitch Ratings.“The vast majority of insured losses will be covered by reinsurance,...
Feb 9 2023 // Thousands of foreign aid workers have arrived in Turkey and the first UN aid convoy has entered Syria after this week’s twin earthquakes. The World Bank announced a $1.78 billion relief package as well.The death toll...
Feb 8 2023 // Two powerful earthquakes, which hit southeastern Turkey on Feb. 6, 2023, deliver another blow to the local re/insurance industry, according to commentaries from AM Best and GlobalData.While it is likely that international...
Feb 7 2023 // A small earthquake rumbled through western New York early Monday, alarming people in a region unaccustomed to such shaking but apparently causing no significant damage.The U.S. Geological Survey preliminarily reported a...
Feb 6 2023 // Rescue teams from overseas began deploying in Turkey on Tuesday after a pair of powerful earthquakes a day earlier killed at least 4,000 people in the country and neighboring Syria, leaving millions to suffer without power...
Jan 31 2023 // An earthquake false alarm nearly four years ago can teach disaster and emergency planners – and any crisis communicators, including insurers – a thing or two about communicating to the public during and after a...
Jan 26 2023 // A light earthquake centered offshore gave Southern California an early morning wake-up call Wednesday, the U.S. Geological Survey confirmed.There were no reports of damage. The 2 a.m. quake occurred beneath the ocean 10.6...
Jan 18 2023 // AM Best downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of California...
Jan 3 2023 // A moderate New Year’s Day earthquake rattled the region of Northern California where a stronger quake nearly two weeks ago killed two people and left widespread damage, authorities said.The earthquake with a...
Dec 28 2022 // A 4.2-magnitude earthquake rattled Northern California on Christmas Eve in the same county where a large quake days earlier killed two people and left widespread damage, authorities said.The quake struck at 11:33 a.m....
Dec 19 2022 // A small magnitude 3.6 earthquake struck the San Francisco Bay Area, jolting thousands of people awake and causing minor damage, the U.S. Geological Survey confirmed.The earthquake occurred at 3:39 a.m. Saturday and was...
Dec 19 2022 // MIDLAND, Texas (AP) – The Texas Railroad Commission, which oversees the state’s oil and gas industry, on Saturday sent investigators to west Texas following a 5.4 magnitude earthquake near Midland.“RRC...