Tag: earthquake damage

Earthquake Court promised by New Zealand government for ongoing insurance claims

H. Cutner
Christchurch New Zealand Insurance earthquake court

The Labour led federal gov is hoping that this step will speed up the process for unresolved cases. The government of New Zealand is now working to create an Earthquake Court that will be meant specifically for making it possible to bring some resolution to the insurance claims in the country that remain outstanding after the massive quakes shook many parts of the country, including Christchurch. The government has also committed a certain amount of funding for a portion of the total repair bill. The Earthquake Court and the funding…

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Earthquake insurance reminders come in many forms

Julie Campbell
California Earthquake Insurance

From the 50th anniversary of the Great Alaskan Earthquake to the tremor in Southern California, risks remain present. Another tremor has rocked Southern California, this one on Friday, just in time for the fiftieth anniversary of the quake that occurred in Alaska and to remind business owners and homeowners of the importance of earthquake insurance. This is the second quake to strike California in as many weeks and it sends a message to property owners. Earthquake insurance is not included in the standard homeowners or business policy and should be…

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Earthquake insurance shakes up homeowner confidence

Julie Campbell
Oklahoma earthquake insurance coverage

After the 6.9 magnitude quake shook Northern California, standard policyholders wonder about coverage. Recent tremors over the last few days have spiked the number of calls that homeowners and earthquake insurance companies have been receiving in order to find out what type of coverage they have and to make sure that they do have protection if the “big one” should strike. The California quake has received the most attention, but there were two in South Carolina, as well. Those two rumbles were notably lower than their Californian cousin, at a…

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Magnitude 5.6 Earthquake and Aftershocks in Southwest China

Guest Author
Earthquake in China

According to catastrophe modeling firm AIR Worldwide, at 11:19 AM local time this morning (3:19 UTC), a magnitude 5.6 earthquake struck southeast China, 12 km south of Jiaokui. The earthquake was followed by more than 60 aftershocks including another M5.6 earthquake, which struck 1 km south of Jiaokui at 12:15 PM local time (4:16 UTC). Both earthquakes were relatively shallow, with depths of 9.9 km and 9.8 km, respectively. The highest reported intensity in population centers is around V (moderate) in Zhaotong, which is mainly an agricultural area. At this…

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Japan at risk of more strong quakes in the next four years, say seismologists

S.Vagus

Japan is still working to recover from a massive magnitude-9.0 earthquake that rocked the nation last year. The quake generated a tsunami that claimed 20,000 lives and spurred a nuclear crisis that continues to this day. While it will certainly not be the last quake Japan experiences in its lifetime, seismologists from the University of Tokyo say that the next quake will come sooner than expected. According to researchers, there is a 70% chance that the nation will be hit by a powerful quake of magnitude-7.0 or higher within four…

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