A new report from the U.S. Geological Survey (USGS) indicates that the economic toll of earthquakes has reached an estimated $14.7 billion in total annualized building damages and associated losses. That figure is double previous estimates and accounts for higher property values, building improvements and other factors, Property Casualty 360 recently reported.
— Read on www.burnsandwilcox.com/insights/earthquake-losses-skyrocketing-along-with-home-values-building-costs/