19 April 2018Insurance

San Francisco M7.0 earthquake would damage more than a million homes

A hypothetical magnitude 7.0 earthquake epicentered in Oakland would damage more than a million homes and less than 10 percent of total residential losses would be insured because of a low residential earthquake insurance take-up in the Bay Area, according to a scenario developed by the US Geological Survey (USGS).

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Chubb, Fidelis set back on bid for quick Russia aircraft recoup

15 May 2026 Contingent war risk carriers sound right, but have a place closer to the back of the line.

Well-behaved UK buyers benefit from soft pricing across the board: Gallagher

15 May 2026 Plentiful capacity sees insurers open to more flexibility, says broker.

Moody’s executive James Eck dies unexpectedly aged 55

15 May 2026 Eck was travelling for business when he died unexpectedly of a heart attack.

More articles

Chubb, Fidelis set back on bid for quick Russia aircraft recoup

US transportation reinsurance to tighten, rates to rise after landmark Supreme Court ruling

Well-behaved UK buyers benefit from soft pricing across the board: Gallagher

Moody’s executive James Eck dies unexpectedly aged 55

Iran war impact won’t touch Lloyd’s of London £50bn capital reserves, says Turk

Marine war, systemic cyber, a widening gap between lead and follow: Pelagos

Markel expands professional liability with media and entertainment coverage

Lloyd’s warns syndicates on happy-go-lucky downhill market ride

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze