All the headlines from our Earthquake Topic Page, ordered by recency.
Jan 1 2002 // California-based Lemac & Associates has unveiled a new earthquake facility. Highlights of the program include $5,000,000 limit per building, $7,500,000 per location; a deductible that can be as low as 2 percent in...
Dec 24 2001 // In what became one of the most significant, traumatic and challenging years in U.S. history, the insurance industry, along with the rest of the nation, has had to come to terms with the terrorist attacks perpetrated...
Dec 21 2001 // While the Seattle Mariners made a huge leap on the baseball diamond this past season, the cost to insure Safeco Field tripled.According to a report in The Seattle Times, over a three-year period, the annual premium on a...
Oct 3 2001 // RiskMeter (http://www.riskmeter.com/), an online source for insurance professionals for automated property lookups, announced an alliance with EQECAT Inc. (http://www.eqecat.com) to provide earthquake and wildfire...
Jul 30 2001 // A new report completed by Tillinghast-Towers Perrin presents the current state of the California Earthquake Authority (CEA) in a positive light. The “CEA Project Consulting Team Report” was commissioned by the...
Jul 11 2001 // A new report completed by Tillinghast-Towers Perrin presents the current state of the California Earthquake Authority (CEA) in a positive light.The “CEA Project Consulting Team Report,” was commissioned by the...
Jun 25 2001 // Residents in Oregon and Washington would probably be surprised to know that more than 1,000 earthquakes per year are recorded in the two states by the seismology lab at the University of Washington. The biggest reason for...
Jun 25 2001 // Apparently, we’ve licked that quake insurance problem. Faced with the devastation (property and market) wrought by the Northridge Earthquake and the realization by insurers that the loss models they had carefully...
Jun 25 2001 // A jury awarded almost $7,000,000 in earthquake repair costs and bad faith damages on June 15 to a Culver City condominium homeowners association in a lawsuit against Scottsdale Insurance Company. According to the Los...
Jun 19 2001 // A jury awarded almost $7,000,000 in earthquake repair costs and bad faith damages on June 15 to a Culver City condominium homeowners association in a lawsuit against Scottsdale Insurance Company, according to Brian S....
May 31 2001 // Geologists in Oregon have found new evidence that the lengthy Portland Hills Fault is active and capable of generating an earthquake, the Oregonian reported yesterday. A recent discovery at Rowe Middle School in Milwaukie,...
May 21 2001 // Boston’s Applied Insurance Research, Inc. announced the release of new models covering Latin American earthquake risks, combining new information and new technology. “The models incorporate the most recent data...
Apr 5 2001 // SAFECO announced that claims from the Puget Sound-area earthquake on Feb. 28 will add up to approximately a $15-million payout. This is expected to affect first-quarter income by $0.08 per diluted share on an after-tax...
Mar 22 2001 // Scientists at the California Institute of Technology and the U.S. Geological Survey are working on an Internet-enabled earthquake early-warning system for the state of California.For the last five years, Caltech and the...
Mar 19 2001 // The insurance industry could pay up to $1 billion in claims to people whose property was damaged by the earthquake that struck Washington State in February, according to the Insurance Information Institute. The preliminary...
Mar 19 2001 // U.S. insurers are likely to pay out less than previously expected in claims caused by the earthquake that rattled Seattle on Feb. 28, according to preliminary estimates published March 16 by Insurance Services Office...
Mar 16 2001 // Property/casualty insurers will pay $330 million to homeowners and businesses for insured property damage from the earthquake that struck Seattle and nearby areas of Washington and Oregon, according to preliminary...
Mar 12 2001 // The most telling number about the earthquake that hit Western Washington on Feb. 28 was neither its 6.8 magnitude nor the fact that it was the largest temblor in the state in more than half a century; it was its depth,...
Mar 6 2001 // The insurance industry could pay up to $1 billion in claims to people whose property was damaged by the earthquake that struck Washington State last week, according to the Insurance Information Institute.The I.I.I. noted...
Mar 5 2001 // Since the 1800s, the insurance industry has used technology to track and control catastrophic exposures. Insurers first used mapping after companies were hit by major fires in cities such as Boston, Chicago and...