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Re: Paso Robles Earthquake

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Are you refering to property owner's earthquake coverage under the basic policy,
or professional's liability
coverage for being responsible for some aspect of seismic design?

Jake Watson wrote:

> This brings up an interesting point.  Where do the insurance companies sit
> on this issue in California?  If the owner gets sued for not retrofitting
> the building, will to owner pay or will the insurance company likely pick up
> the tab?  If it's the insurance company, do you know of any companies that
> revise rates based on retrofits?  Bottom line, in hindsight it's easy to say
> it would have been cheaper to fix the building.  But are there any monetary
> incentives going forward?
>
> Jake Watson, P.E.
> Salt Lake City, UT
>
> -----Original Message-----
> From: Roger Turk [mailto:73527.1356(--nospam--at)compuserve.com]
> Sent: Wednesday, December 24, 2003 3:27 PM
> To: seaint(--nospam--at)seaint.org
> Subject: RE: Paso Robles Earthquake
>
>  - Snip -
>
> I will also assume that the anguished husband of the dead woman, as well as
> the parents of the young girl, will make the cost of retrofit appear like a
> mere pittance to the building's owner and the historical preservation group.
>
> A. Roger Turk, P.E.(Structural)
> Tucson, Arizona
>
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