Earthquake Risk High Throughout United States.

From: Risk & Insurance | Date: December 1, 2000| Author: Capozzi, Michael | Copyright information

The risks associated with earthquakes are increasing as development in high-risk areas increases and existing buildings become older. In fact, probable annual earthquake losses are almost equal to the losses experienced from floods and hurricanes.

This is the finding of a recent study by the Federal Emergency Management Agency (FEMA) in Washington. The report--the first of its kind to look at earthquake risk across the United States--found that earthquake losses in the U...

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