Insurance News Daily

Over Thanksgiving weekend, Oklahoma experienced several small earthquakes and aftershocks. While Oklahoma is no stranger to earthquakes, the seismic events caused major damage in some cities not fortified against such events. Governor Mary Fallin has submitted a formal request to FEMA asking for assistance. Governor Fallin is looking to have the federal agency declare the seismic events in the state an official disaster. If FEMA does declare a disaster, Oklahoma…

Residents of Oklahoma were surprised Saturday when the state was rocked by a 5.6-magnitude earthquake. The quake caused a significant amount of damage in the state, which is still recovering from a spat of devastating tornados that tore through Oklahoma in August. State insurers have yet to release estimates regarding the cost of damages, but it is clear that the quake caused some damage to homes and businesses in Northern…

BOSTON, Nov. 7, 2011 – According to catastrophe modeling firm AIR Worldwide, on Saturday evening at 10:53 pm local time, Oklahoma experienced the strongest earthquake ever recorded in the state. With a magnitude of 5.6 and a focal depth of just three miles below the surface, the earthquake was centered about 44 miles east of Oklahoma City, the state’s capital and largest city (population 580,000 in 2010). A foreshock of…