Estimates of the insured loss from Sunday mornings M6.0 earthquake - TopicsExpress

Estimates of the insured loss from Sunday mornings M6.0 earthquake which struck the South Napa, California area are rising, with the highest estimate now calling for an economic loss of $4 billion or more and an insurance industry loss of $2.1 billion. That’s much higher than the $1 billion plus economic loss estimate from the USGS and the $500m to $1 billion insured loss estimate from risk modeller EQECAT, demonstrating the uncertainty inherent in a catastrophe event like this.

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