It Figures
20%
Percentage of Oregonians who have earthquake insurance, according to a state Department of Consumer and Business Services survey. Jan. 26 marks the 310th anniversary of the last, great Cascadia Subduction Zone earthquake. This magnitude 9.0 earthquake was centered about 75 miles offshore and damaged the coastline from Northern California to Southern British Columbia, according to the Oregon Department of Geology and Mineral Industries.
$28 Million
Amount of damage expected from the magnitude-6.5 temblor that struck Northern California in early January. California Gov. Arnold Schwarzenegger declared a state of emergency in Humboldt County. Eureka, the largest city affected by the quake, estimated damage at $17.9 million.
Popular Today
- Ranking: Who Are the Insurance Industry’s AI Talent, Maturity Leaders?
- Premiums Will Skyrocket by 2035; Discounts Not Enough for Wind Mit, Studies Say
- US P/C Industry Books Best Result in a Decade but Not All Lines Enjoy Success
- 20 Years After Hurricane Katrina: Are Insurers Ready for a Different $100B Disaster?