Earthquakes in Oklahoma highlight the importance of insurance protection

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 will gain access to federal funds to aid in recovery. According to state officials, more than 200 homes and other…

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Virginia earthquake raises questions regarding the importance of insurance coverage

A 5.8 magnitude earthquake struck the heart of Virginia Tuesday, sending ripples throughout much of the Eastern U.S. Tremors could be felt as far as 100 miles away from the quake’s epicenter in Mineral, Virginia. Residents of the East Coast, whom are unaccustomed to the ground beneath their feet shaking, flocked to Twitter and Facebook to document their experiences. Tremors reached New York City, causing mild panic among those that had never witnessed such an event. The quake took its toll in Virginia, but no inordinate amount of damage was…

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