Western Washington is one of the most earthquake-prone places in the country,1 yet only 11.3% of homeowners in the state have earthquake insurance, and just 43.2% of commercial properties have coverage.2Read More
Sit down and get comfortable, because it’s time to hear a soft story. This story does not feature princesses, bean stalks nor giants; and hopefully, it won’t put you to sleep. It is a story that can give underwriters nightmares.Read More
“I fell down into a burning ring of fire, I went down, down, down and the flames went higher.” Johnny Cash was singing about love not the real Ring of Fire’s death and destruction. The Ring of Fire is an area around the Pacific Ocean where most of the world’s earthquakes and volcanic eruptions occur, due to movements of lithospheric plates.
When thinking about the effects of an earthquake, imagine a pebble dropped into a pond. It hits the water creating a circular ripple that weakens the farther it moves from the center.Read More
This past St. Patrick’s Day, you may have felt — or heard about — the small earthquake centered in Mercer Island. Though small, it reminds us that we’re in a region prone to quakes.Read More
It’s widely known that the Puget Sound region is prone to earthquakes. When the Big One (or Little One) strikes, will your properties be adequately covered? A new study, directed by Washington Insurance Commissioner Mike Kriedler, suggests that it may not.Read More