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
Christchurch Earthquake – 10th Anniversary
On February 22, 2011, at 12:46 pm local time, a 7.1 moment magnitude earthquake struck Christchurch, New Zealand, killing 185 people. This week, memorial activities were held to honor the victims. Radio New Zealand has […]
Geologic Hazards
Preparing for the Big One: Assessing American Building Codes
Audio files and PowerPoint presentations from an ENR-moderated panel discussion on June 8, 2010 discussing US seismic codes in the context of the observations made from the recent Haiti and Chile earthquakes. The 2010 earthquakes […]
Geologic Hazards
Christchurch liquefaction prone soils make rebuilding difficult |
This article notes that the combination of shallow water table and crummy soils make it difficult to rebuild safely in the Christchurch, New Zealand business district. Another interesting item mentioned in the article is that […]