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If you have never had the experience of being on a massive conference call while an earthquake is occurring at one of the call venues, I heartily recommend the experience. Listening to an east-coast person talk through a lot of background noise from the folks in a tower in Los Angeles as they rode out a [...] 
By now you’ve probably heard plenty about the 7.9 earthquake in the Sichuan Province of China — over 13,000 people dead, schools collapsed, chemical leaks…and it was felt over 1000 miles away. The New York Times has a map available to provide a bit of scale around the potentially devastated area. Looking at the map, and some [...] 
Seen at Insurance Journal: In a special report A.M. Best Co. warns that “lurking beneath Central Europe are numerous faults that rarely break the ground surface but that still could lead to large scale catastrophe losses for insurers and reinsurers.”[...] “A quake in Central Europe would not have to be as powerful as the 1906 San Francisco [...]
Seen in Insurance Journal: Figures from the state Department of Insurance show that earthquake coverage was carried on fewer than 38 percent of the insurance policies for homes, mobile homes and farms last year. That was down more than 5 percentage points from 2001. During that same time, the average cost of residential earthquake coverage in Missouri [...] |
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