U.S. earthquake insurance premium prices are based on scantydata and may be insufficient to cover losses, according to a ratingfirm analysis.

Standard & Poor's said that predicting earthquakes isextremely difficult, and historically major ones have not beenforecasted.

It noted that the U.S. Geological Survey estimates that over thenext 30 years the probability of a major quake is 67 percent forthe San Francisco Bay area and 60 percent for SouthernCalifornia.

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