California Quake to Cost Insurers Up to $1 Billion, Eqecat Says

Depending on commercial damages, the figure may rise.

INN Breaking News, August 25, 2014

David Scheer

(Bloomberg) -- The 6.1-magnitude earthquake in California’s Napa-Sonoma County region will probably result in insured losses of $500 million to $1 billion, according to catastrophe risk modeler Eqecat.

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