New data from property information and analytics company CoreLogic, finds that an earthquake along the San Andreas Fault could impact both Northern and South California simultaneously.
Once thought an impossibility, a statewide earthquake could result in 126 percent more property damage, increasing the risks from 1.6 million homes to more than 3.5 million for a magnitude 8.0 or higher earthquake along the fault.
The revised estimate is based on information from the Uniform California Earthquake Rupture Forecast, Version 3, which now depicts the possibility that a single magnitude 8.0 or higher earthquake could travel the full length of the fault from Humboldt County in the north to Imperial County near the Mexican border. Major cities along the fault include the San Francisco Bay area and the Greater Los Angeles area.
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Patricia L. Harman
Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]
