Allstate Insurance company will no longer be underwriting houses effective in July. No changes will occur for existing customers. The move is supposedly to "limit its exposure to catastrophe" such as earthquakes. Allstate has also trimmed coastal exposure in other states that are prone to natural catastrophes. Allstate has also stopped writing new homeowners policies in Connecticut, Delaware, Florida and New Jersey as well as in eight coastal New York counties. Source: CBS5.com.
Geologic Hazards
50th Anniversary of San Fernando Earthquake
I posted about the 10th anniversary of the Christchurch Earthquake, but there was another notable earthquake anniversary recently…the 50th anniversary of the 1971 San Fernando earthquake. Khaled Chowdhury from the US Army Corps of Engineers […]
Geologic Hazards
Chile Earthquake Links – March 1, 2010
A few interesting links related to the Chile Earthquake. Over the next days and weeks, I will try to highlight interesting news and blog posts related to this event. Chile Earthquake: Soft ground bites the […]
Geologic Hazards
Video: Magnitude 7 Earthquake Strikes Anchorage, Alaska
A magnitude 7 earthquake struck just 8 miles north of Anchorage, Alaska this morning causing widespread damage to buildings and infrastructure. The quake struck at 8:29 am local time and the focus of the earthquake […]