Latest Earthquake Headlines

All the headlines from our Earthquake Topic Page, ordered by recency.

Declarations

Nov 18 2013 // Little Good“Looking into earthquake insurance after your home or business has sustained damage resulting from an earthquake will do little good to help you recover.” —Oklahoma Insurance Commissioner John D....

Haiyan Worse for Philippines Than Sandy for U.S.; Only 10-15% of Loss Insured

Nov 12 2013 // Destruction from Typhoon Haiyan, which flattened buildings and unleashed storm surges that may have killed 10,000 people, could be several times worse for the Philippines economy than superstorm Sandy was for the...

Record Typhoon Again Shows Philippines Most at Risk for Natural Hazards

Nov 10 2013 // Destruction from Super Typhoon Haiyan, the most powerful storm on record to strike the Philippines, shows the task facing President Benigno Aquino to curb the death toll in a country prone to natural disasters.The...

Oklahoma Lawmaker to Re-File Earthquake Insurance Bill

Nov 8 2013 // Following a rash of earthquakes, a state lawmaker says he plans to file a bill to require insurance companies to notify Oklahomans whether their policies cover property damage caused by earthquakes. Rep. Mike Shelton of...

Oklahoma Commissioner Urges Purchase of Earthquake Insurance

Oct 30 2013 // Oklahoma Insurance Commissioner John D. Doak is encouraging Oklahomans to purchase earthquake insurance after a new report predicts continued seismic activity in the central part of the state. The U.S. Geological Survey...

Fitch Affirms California Earthquake Authority’s ‘A’ Rating

Oct 29 2013 // Fitch Ratings has affirmed the “A” rating on California Earthquake Authority’s outstanding fixed-rate revenue bonds, which mature on July 1, 2016. Fitch has also affirmed CEA’s Issuer Default Rating...

USGS: Quakes in Central Oklahoma Here to Stay

Oct 28 2013 // Prague, a central Oklahoma town of 2,400, claims two things as its own: Olympian Jim Thorpe and an annual kolache festival that honors its Czech heritage every May. Some locals here say the place should be known for a...

Members of Aon Benfield’s Analytics Team Explain Cat Models

Oct 18 2013 // “Our remit at Aon Benfield Analytics is really to do the risk quantification part of reinsurance transactions,” said John Moore, the head of International Analytics operations. He’s responsible for...

Philippines Freezes Prices in Quake Zone as Death Toll Hits 107

Oct 16 2013 // The Philippines froze prices for basic goods to prevent gouging in an area cut off by the country’s biggest earthquake in a year, as the death toll from the temblor rose to 107.Rescue crews were searching for...

EQECAT President Paul Little on Cat Models – from the General to the Specific

Oct 11 2013 // EQECAT’s President Paul Little explains how cat models have evolved from the general to the specific and what’s now required to create good ones. He also foresees cellular technology – iPhones, Androids,...

Strong Quake Strikes Southern Pakistan: AIR Worldwide Analysis

Sep 25 2013 // According to catastrophe modeling firm AIR Worldwide, “at 7:29 a.m. Eastern time (4:29 p.m. local time), a magnitude 7.7 earthquake struck southern Pakistan. The epicenter was located 69 km (43 miles) north-northeast...

Canada Regulator Urges Re/Insurers to Use Cat Bonds after Flood Disaster

Sep 25 2013 // Canada’s banking regulator is urging insurers to sell catastrophe bonds for the first time to cut the risk of natural disasters, such as the record floods that inundated swathes of downtown Calgary in June.Climate...

Swarm Of Earthquakes Shake Yellowstone

Sep 24 2013 // Until recently, Bob Smith had never witnessed two simultaneous earthquake swarms in his 53 years of monitoring seismic activity in and around the Yellowstone Caldera.Now, Smith, a University of Utah geophysics professor,...

Cooley Masters Quake Insurance

Sep 23 2013 // Editor’s note: This is part of a series on insurance professionals in politics. This is a national series. Some of the articles focused on the Western U.S. region can be read in the pages of this issue of Insurance...

Magnitude 5.8 Earthquake Hits Japan’s Fukushima Prefecture-Kyodo

Sep 20 2013 // An earthquake with a preliminary magnitude of 5.8 struck Fukushima Prefecture in Japan early Friday morning, Kyodo reported, quoting the Japan Meteorological Agency.No tsunami warning has been issued, the news agency said....

River Floods, Earthquakes are Highest Risk to Urban Areas: Swiss Re Report

Sep 18 2013 // River floods top the list of risks posing dangers to more people than any other natural catastrophe, according to a new Swiss Re report, which “benchmarks” the natural catastrophe risks faced by 1.7 billion...

Insurance Pros in Politics: Cooley Masters Quake Insurance

Sep 11 2013 // When it comes to mixing insurance and politics, the two might as well be one in the same for California Assemblyman Ken Cooley.Cooley, D-Rancho Cordova, started his career in the 1970s working on earthquake issues with a...

Hotspot Volcanoes: Earthquake Risk in Hawaii

Sep 9 2013 // It was June 15, 1990, when Mount Pinatubo, on the island of Luzon in the Philippines, awoke from its 500-year slumber to produce the second largest volcanic eruption of the 20th century.Nearly a year before, Luzon was...

Aon’s Impact Forecasting Launches Models for E. Africa Quakes, Mexico Floods

Sep 3 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched two new models: an earthquake model for East Africa and a new flood scenario-based model for Mexico reinsurers.East...

Hollywood Groups Sue To Stop Huge Development, Earthquake Concerns

Aug 30 2013 // A coalition of residents who live in famed Hollywood neighborhoods filed a lawsuit this week to stop a $654 million skyscraper project from rising just down the hill from the landmark Hollywood Sign because of earthquake...