earthquakes News

Okla. Supreme Ct. Ruling Shows Policyholders Shouldn’t Depend on Agent’s Representations

New Dominion LLC taps into oil and natural gas reserves that many production companies avoid. The Tulsa, Oklahoma company operates hundreds of wells that produce from hydrocarbon reservoirs that are saturated with water from ancient aquifers. When oil or gas …

Risk of Quakes Caused by Oil, Gas in New Mexico Rising

CARLSBAD, N.M. (AP) — Multiple earthquakes were felt earlier this fall in West Texas, leading regulators in that state to designate a seismic response area and call for less wastewater from oil and gas development to be injected in disposal …

Why Snow, Hail and Wildfire Are Expensive for the Insurance Industry

If you’re having trouble wrapping your mind around the scree of natural catastrophes currently plaguing the world—from deadly July floods in Germany and China to the wildfires still burning in Greece, California and Siberia —you may be interested to know …

Munich Re 2020 Profit Plunges 55% as Pandemic Takes Toll

FRANKFURT — German reinsurance group Munich Re expects net profit to bounce back this year after more than halving in 2020 as the coronavirus crisis helped drive claims to a near-decade high. Major losses in 2020 for the virus and …

Puerto Rico Opens Only 20% of Schools Amid Ongoing Quakes

SAN JUAN, Puerto Rico — Puerto Rico opened only 20% of its public schools on Tuesday following a strong earthquake that delayed the start of classes by nearly three weeks as fears linger over the safety of students. Only 177 …

Study Finds More Evidence That Energy Waste Wells Cause Quakes

Scientists say they have more evidence that an increase in earthquakes on the Colorado-New Mexico border since 2001 has been caused by wells that inject wastewater from oil and gas production back underground, similar to human-caused quakes in Oklahoma and …

Natural Disasters Highlighted in Indiana State Museum Exhibit

Natural disasters can strike at any time, often without warning, and devastate cities, regions, states and countries. Nature Unleashed, a new exhibit at the Indiana State Museum, aims to help Hoosiers understand why tornadoes, earthquakes, hurricanes, tsunamis and volcanic eruptions …

Earthquakes Expected to be Focus at National Tornado Summit

Hundreds of top meteorologists and disaster recovery experts will converge on Oklahoma City next week for a national tornado summit, though much of the discussion is expected to focus on temblors, not twisters. The annual three-day conference in the middle …

Researchers Blame Rain for Causing Some Earthquakes

Rainwater may play an important role in the process that triggers earthquakes, according to new research. Researchers from the University of Southampton, GNS Science (New Zealand), the University of Otago, and GFZ Potsdam (Germany), identified the sources and fluxes of …

Despite Fewer Natural Disasters in 2015, Damaging Events Still Significant

A downward trend in U.S. natural hazard events in 2015 resulted in decreased damage and loss totals for the year, according to the latest CoreLogic Natural Hazard Risk Summary and Analysis report. The annual report noted that despite the reduction …