ANCHORAGE, Alaska — Negotiations between the Anchorage School District and the federal government over earthquake damage relief could result in the district turning down millions in funds, an official said. The negotiations over money to repair damage caused by the …
With Alaska’s history of earthquakes, you might assume most homeowners have earthquake insurance. That’s not the case, the Anchorage Daily News reported. Only about 15 percent of Alaska homeowners buy earthquake insurance, according to an estimate provided by Lori Wing-Heier, …
Lloyd’s of London has kept its lawsuit against New Dominion LLC over fracking out of the state where the ground is shaking. A federal judge in New York agreed Wednesday to decide the lawsuit by Lloyd’s seeking to be released …
Oklahoma’s top insurance regulator has determined that there’s a definite lack of competition in the earthquake insurance market in Oklahoma and ordered insurers to change the way they file rates for the coverage in the state. Commissioner John D. Doak’s …
After increasing rapidly over the past three years, the pace of earthquakes in Oklahoma held steady in 2014 at a rate higher than California and far higher than the historic average in Oklahoma. Oklahoma experienced 567 earthquakes of magnitude 3.0 …
People have been flooding insurance agencies with calls about adding earthquake coverage after a 4.8 magnitude temblor rocked part of Kansas on Wednesday. The Wichita Eagle reported that because Kansas doesn’t have a history of earthquake losses, the price and …
A recent poll by the Insurance Information Institute (I.I.I.) found that only one out of 10 American homeowners (10 percent) have earthquake insurance, compared with 13 percent in 2012. In western states, 22 percent of homeowners said they have earthquake …
Oklahoma Insurance Commissioner John D. Doak is encouraging Oklahomans to purchase earthquake insurance after a new report predicts continued seismic activity in the central part of the state. The U.S. Geological Survey (USGS) said central Oklahoma has experienced more than …
Premium on policies reported to the Surplus Lines Stamping Office of Texas in 2012 totaled more than $4 billion, a record volume SLSOT reported. This represented an increase of $767 million over 2011, a rise of nearly 24 percent. Premium …
Oklahoma Insurance Commissioner John Doak says a small earthquake in southern Oklahoma should prompt homeowners and renters to consider adding earthquake insurance to their insurance policies. The U.S. Geological Survey recorded a 2.8-magnitude earthquake in Stephens County on Tuesday. Doak …