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
New Zealand city council bans entry to 500 homes over geotechnical hazards
The Christ Church City Council has issued a notice banning entry to over 500 homes because of risks associated with rockfall, landslides, cliff collapse and other geotechnical problems exacerbated by recent earthquakes. [Source: Scoop News]
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Geologic Hazards
