$1B Temblor Should Prompt Cos. To Revisit Quake Insurance

The 6.0 Napa earthquake has altered business in an around the Napa Valley, and Law360 called to ask my thoughts on earthquake insurance.  While the article requires a subscription, my key point is:

“This earthquake is a reminder of what we’ve been told for some time now — that the odds of a major earthquake in Northern California over the next 20 years are very high,” said Dennis Cusack, a partner at Farella Braun & Martel LLP. “It’s a very real risk, and in some cases, a greater risk than a fire on a property. It should lead businesses to at least consider the costs and benefits of earthquake insurance.” 

Read the full article here (subscription required).