Catastrophe modeler Risk Management Solutions (RMS) has announced the launch of a major update of its U.S. and Canada earthquake models.
According to Newark, Calif.-based RMS, the latest versions represent a significant advancement in the quantification of seismic risk for the eastern U.S. and Canada, implementing third-generation modeling capabilities throughout the region and incorporating perspectives on loss amplification gained from the hurricanes of 2004-2005.
“Earthquakes east of the Rockies are less common than in the tectonically active West but can be more severe due to the slower attenuation of ground motion and less seismically resistant building stock,” said Don Windeler, earthquake practice lead at RMS.
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