
The Uncertainty of the Earthquake Insurance Market
The earthquake market has moved onto unstable grounds as insurers and alternative capital investors demand higher returns on their capital. Over the past 20 years, the earthquake insurance market has narrowed down significantly, with many insurers leaving the market entirely, while others refuse to issue new policies in certain high-risk areas. Even among those still willing to sell coverage, stricter underwriting standards make some types of dwellings ineligible for coverag