California Earthquake Zoning and Probable Maximum Loss Evaluation Program: an Analysis of Potential Insured Earthquake Losses from Questionnaires Submitted by Property/casualty Insurers in California

California Earthquake Zoning and Probable Maximum Loss Evaluation Program: an Analysis of Potential Insured Earthquake Losses from Questionnaires Submitted by Property/casualty Insurers in California

Author: Richard J. Roth

Publisher:

Published: 1996

Total Pages: 109

ISBN-13:

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The insurance industry has paid out more than 12.5 billion for the January 17, 1994, Northridge earthquake. And the scientists report that more such earthquakes in the Los Angeles area are probable in the near future. While no insurers went out of business after the Northridge earthquake, the financial impact was severely constricting for insurers of all sizes.