earthquake losses News

Insured Losses from Haiti Earthquake Estimated at $250 Million

The large 7.2 magnitude earthquake, which hit Haiti on Aug. 14, is likely to cost insurers around $250 million, according to catastrophe modeling firm Karen Clark & Co. (KCC). While the insured losses from this event are estimated at $250 …

Great ShakeOut Earthquake Drill Held Today

More than 18.6 million participants nationwide and across the globe are scheduled to take part in an earthquake drill today. The annual Great ShakeOut earthquake drill is scheduled to be held at 10:17 A.M. today. In California alone there are …