Insured Losses from Napa Earthquake Expected to be Less than $1 Billion
The earthquake will result in fewer claims than did the California earthquakes from Loma Prieta 1989 or Northridge 1994.
August 26, 2014
The 6.0-magnitude earthquake that occurred Sunday near Napa, California, will result in far fewer claims than either the January 1994 Northridge, Calif., or the October 1989 Loma Prieta quake, said the Insurance Information Institute. Early estimates put insured losses well under $1 billion.
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