A new scientific report has shown that the state will nearly definitely be hit by a massive quake inside three decades. The results of a new U.S. Geological Survey are now showing that earthquake insurance could become one of the most important investments that the residents of California can purchase in order to protect themselves. The scientific report has shown that before 30 years have passed, the state will see a mega-quake almost definitely. The industry has been warning about the importance of earthquake insurance, particularly areas along the San…
Read MoreTag: usgs
Insurance industry may be confronted with rising sea levels
Report shows sea levels rising in the east coast The U.S. Geological Survey (USGS) has published a new report that documents the rate at which the sea level along the Atlantic Coast is rising. The report shows that the sea level in this region is rising three-to-four times faster than it is in other parts of the world. The report suggests that climate change could be playing a factor, as warming temperatures are having an effect in the far north. What higher sea levels could mean for the U.S. insurance…
Read More