NU Online News Service, March 29, 3:45 p.m. EDT

DENVER–The earthquake in Haiti was weaker than the Chilean earthquake, but that country suffered greater damage and higher casualties because of its lack of building codes and preparedness plans, an insurance regulator said.

Eric Nordman, director of National Association of Insurance Commissioners' Regulatory Services Division, made his remarks in a presentation to the Catastrophe Insurance Working Group during the NAIC's Spring National Meeting held here.

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