Insurance Commissioner to discuss earthquakes
Ponca City Now - August 13, 2015 8:41 am
OKLAHOMA CITY (AP) – Oklahoma Insurance Commissioner John Doak will host a national forum about earthquake insurance during an insurance industry event in Chicago.
Doak says he will moderate the forum during the Center for Insurance Policy and Research event Friday dubbed "All Things Earthquake."
The topics to be discussed include scientific evidence surrounding a link between earthquakes and oil and gas activity, and regulatory experience and concerns with earthquake insurance.
Oklahoma Governor Mary Fallin last week urged homeowners concerned about the safety of their homes to purchase private earthquake insurance following a dramatic increase in seismic activity in the state.
A report by the Oklahoma Geological Survey earlier this year says it’s "very likely" most of the state’s recent earthquakes have been triggered by injection wells.