Considerations On Earthquake Coverage In Calif.

Law360, New York (October 8, 2014, 10:24 AM EDT) -- The earthquake that struck Northern California in August 2014 reminds policyholders of how quickly they may be confronted by enormous losses. That earthquake also gives businesses an opportunity to determine whether their property policies provide coverage for earthquake-related losses and to consider whether to purchase additional coverage. The scope of each policyholder's earthquake coverage and the prospects for success on its claim for insurance coverage will vary depending upon a number of factors, including the policy language at issue, the governing law and the facts of a claim....

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