Login


Notice: Passwords are now case-sensitive

Remember Me
Register a new account
Forgot your password?

Florianman kleinman

Insurance Defense at statue of liberty
Phone 8053878605 ext 2
Email flofloflo@floflo.com
Website -
Address 123 moliere avenue
thousand oaks
CA, 91360

0 Ratings

Connections

Groups

Community Requests

WCIRB Report Quantifies Comp's Earthquake Risk

By Elaine Goodman (medical/business Reporter)

Tuesday, December 26, 2017 | 641 | 0 | 0 min read

How much a major earthquake in California might cost workers’ comp insurers depends in large part on whether the quake occurs during normal business hours, according to a new report from the Workers’ Compensation Insurance Rating Bureau. A 1-in-100-year earthquake could cost up to $300 million. But an earthquake of the same intensity during peak work hours — defined as 11 a.m. on a weekday — could generate losses in excess of $1.5 billion. Losses from a 1-in-250-year event could hit $1.4 billion outside of peak hours but exceed $5.1 billion during busin...

Purchase this story for only $9.16!Add to Cart


For access to all of our articles, check out our subscription options.

Comments

Be the first to comment.

Related Articles