Slideshow -- Mexico Earthquake Rattles Buildings & Emotions

Residents of the Roma neighborhood stand outside their homes after an earthquake was felt in Mexico City, Tuesday, March 20, 2012. (AP Photo/Alexandre Meneghini) Residents of the Roma neighborhood stand outside their homes after an earthquake was felt in Mexico City, Tuesday, March 20, 2012. (AP Photo/Alexandre Meneghini)

A magnitude 7.4 earthquake struck Oaxaca, Mexico yesterday, destroying hundreds of homes. No fatalities have been reported, and catastrophe-modeler Eqecat says insured losses are expected to be under $100 million.

The earthquake was felt 200 miles away in the nation's capital, Mexico City, causing some damage, but not disrupting any services.

Click "Next" to begin slideshow.

Firefighters in Mexico City work to remove a cement beam that fell from a bridge onto a public bus after the earthquake was felt on March 20, 2012. There were no passengers in the mini-bus and the driver suffered minor injuries, according to firefighters.

Catastrophe-modeler AIR-Worldwide says buildings swayed for roughly 60 seconds in Mexico City and tourists and residents about 124 miles south of the epicenter in Acapulco say they felt the quake, but no major damage was reported in either location.

(AP Photo/Alexandre Meneghini)

Debris is seen inside a home in Mexico City after a wall collapsed during the earthquake.

AIR says buildings in Mexico City today are well built, made of high-quality masonry materials.

(AP Photo/Dario Lopez-Mills)

Members of a family sleep outside their home in fear that aftershocks from Tuesday's magnitude-7.4 quake could cause their home to collapse in Pinotepe Nacional in the Mexican state of Oaxaca, near the border with Guerrero, on March 21, 2012.

Around 500 homes were reported damaged southwest of the town of Ometepec in the state of Guerrero.

(AP Photo/Luis Alberto Cruz Hernandez)

Workers fix subway lines that were damaged after the earthquake in Mexico City.

Eqecat notes that yesterday’s earthquake was centered 248 miles southeast of the 1985 magnitude 8 Michoacan earthquake that affected Mexico City, which took close to 9,500 lives and injured 30,000 leaving more than 100,000 people homeless.

(AP Photo)

A woman comforts her children outside a school at the Roma neighborhood on Tuesday.  The strong, long earthquake sent frightened workers and residents into the streets.

While building codes in Mexico City are very comprehensive, AIR notes that in the rest of the country’s 2,400 municipalities, building codes are determined locally and vary widely in application and enforcement.

(AP Photo/Alexandre Meneghini)

Page 1 of 6
Comments

Resource Library

View All »

Bring the Benefits of Decision Tree Analysis to Your Everyday...

In this on-demand webinar, learn how to counter the challenges of litigation with predictive analytics...

Learn and Apply the Secrets of Successful Businesses to Your...

What does it take to elevate your agency to be known as the best of...

Have you outgrown your QA system?

Your claims audit tools must handle organizational growth and changing best practices. Download the "25...

Complimentary Sales Closer Questionnaires for Commercial Residential Property Insurance

Help property owners or managers compare your commercial residential property insurance coverage vs. the competition....

The Latest Business Intelligence Capabilities to Reduce Costs and Enhance...

SIMS Insight is the advanced business intelligence module of SIMS Claims. Want more information? Download...

Top Trends in Roof Risk Mitigation

Get an in-depth look at the progression of the roof problem, including a four-step path...

When Banks Won't Help, Oak Street Funding Will.

Our commission-based loans are designed to help agents and brokers invest in their business, consolidate...

Home Run Leads are Here!

Our high quality leads will have you swinging for the fences and knocking your sales...

We Have Your New Formula for Success!

Your goal is to deliver maximum impact on those critical aspects of business that drive...

Complimentary White Paper: What Makes a House a Home?

The restoration vendor is the first person on site after a disaster strikes a home...

Claims Connection eNewsletter

Breaking news on disasters, fraud, legal trends, technology, and CE initiatives for the P&C claim professional – FREE. Sign Up Now!

Claims-Handling Guidelines

Claims Magazine is providing the following free guidelines and regulations in order to help adjusting professionals stay abreast of each state’s unique property and casualty claim-handling requirements.

View our State Guidelines »

Advertisement. Closing in 15 seconds.