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.
I thought the
17 27 year anniversary of this unique geological disaster was occasion enough for another look. On November 21, 1980 a Texaco oil rig was drilling an oil exploration well from Lake Peigneur in Southern Louisiana when the drill stem punched into the third level of the nearby Diamond Crystal Salt Company as a result of a miscalculation (understatement!). The lake, approximately 2.5 BILLION gallons, drained into the mine taking the drilling platform with it and another 11 barges, trees, and some of the surrounding terrain. As if that weren’t enough, the Delcambre Canal which normally flows from the lake into Vermillion Bay actually reversed flow for several days and filled the mine and the lake with salt water. It also temporarily created Louisiana’s tallest waterfall at 164-ft (see photo at left). Read on for more info, video, maps, and links.
I had an earthquake engineering course in my geological engineering undergraduate program, and an excellent teacher, but man, the math gave me fits! Well, apparently my time has finally come to make the effort to understand it again. A retired Canadian geophysicist/engineer is writing a series of articles on seismic analysis. Read more… (Photo by trochee)