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New RMS model says repeat of 1811 New Madrid quake to cost $60bn+

Risk Management Solutions (RMS)has announced the launch of a major update to its U.S. and Canada Earthquake models.

Using the new model and insured exposure as of 2006, RMS estimates that the states east of the Rockies comprise 20% of the average annual loss from earthquakes in the U.S.

A majority of this 20% comes

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