Hurricanes, Earthquakes Estimated To Cost Industry $95B
One of the world's biggest reinsurers estimates Hurricanes Harvey, Irma and Maria, plus two recent earthquakes in Mexico will cost the industry about $95 billion.
Watch CBS News
One of the world's biggest reinsurers estimates Hurricanes Harvey, Irma and Maria, plus two recent earthquakes in Mexico will cost the industry about $95 billion.
The earthquake that killed nearly 300 people and destroyed dozens of buildings in Mexico set off a frantic response in communities across the U.S. as people desperately try to connect with their loved ones, figure out ways to send emergency help, money and goods as well as raise funds for smaller towns around the capital they say are receiving less help from the government.
The Oklahoma Corporation Commission says its Induced Seismicity Department and the Oklahoma Geological Survey are investigating several earthquakes in the central part of the state.
The United States Geological Survey has confirmed that a Monday morning earthquake shook Tarrant County.
The U.S. Geological Survey reports a magnitude 4.0 earthquake and two smaller temblors have struck Oklahoma.
Disposal wells are currently banned in Arlington and Fort Worth, and both cities have submitted a letter of protest together to the state.
Five companies are being sued over a magnitude 5.0 earthquake in a central city in Oklahoma.
A top Texas official says it's "possible" oil and gas wastewater being injected deep underground can cause earthquakes.
An earthquake centered near one of the world's key oil hubs brought down building facades and shattered windows, triggering fears the temblor may have damaged key infrastructure and rendered century-old buildings unsafe.
Officials with the U.S. Geological Survey say a 4.3-magnitude earthquake struck extreme northern Oklahoma late Monday and was widely felt throughout parts of Kansas.
The Oklahoma City metropolitan area was rattled by an earthquake early Tuesday morning, but there are no reports of damage or injuries.
A moderate earthquake hit the Palm Springs area early Friday and was felt across parts of Southern California, but there were no immediate reports of damage.
Federal scientists said that the chance of damaging earthquakes hitting east of the Rockies has increased significantly, much of it a man-made byproduct of drilling for energy. Oklahoma now has a 1 in 8 chance of damaging quakes in 2016.
The cozy relationship between state oil and gas regulators and the industry they monitor is typified by a revolving door of officials who leave the Texas Railroad Commission to lobby for energy companies, including several who recently departed and made six-figure salaries working the Capitol hallways last year.
A program to study the recent increase in earthquakes in Texas is getting underway. The TexNet Seismic Monitoring Program is being overseen by the University of Texas and bankrolled with $4.5 million.
Three earthquakes capable of causing moderate damage have been recorded in northwestern Oklahoma.
It seems as if earthquakes in North Texas have become commonplace. But Texas isn't the only state dealing with the tremblers, a strong earthquake awoke many people in the Oklahoma City area early Tuesday
Two wastewater wells connected to a swarm of earthquakes will not have any changes to their permits.
A second wastewater disposal well is not "likely contributing" to hundreds of earthquakes near Azle and Reno, according to a preliminary finding presented to the Railroad Commission of Texas
A state inquiry has found that an oil and gas company's disposal well operations likely did not cause a series of North Texas earthquakes.
Another earthquake briefly shook parts of Irving and Dallas just after 6:00 a.m. Monday. It occurred just hours before a big multi-agency meeting on planning for potential earthquake damage.
Texas Gov. Greg Abbott has signed a bill that will fund the deployment of additional sensors to study the location and source of earthquakes.
Denton residents rallied amid the passage of a bill that overturned a vote to ban fracking. Gov. Greg Abbott signed the law that would prevent cities from banning the drilling practice.
Nerves are still rattled after a magnitude 4.0 earthquake shook Venus, a city just south of Arlington. On Friday, residents there said they didn't have to ask why their small area was getting so much attention.
Officials with the U.S. Geological Survey have confirmed an earthquake north-northwest of Venus. The quake is one of the strongest to ever hit in North Texas, with a magnitude of 4.0
