Editor's Note: Amidst the earthquakes that rattled Virginia and Colorado Aug. 22-23, 2011, which resulted in two nuclear reactors being taken offline at Virginia's North Anna Power Station just 13 miles from the epicenter, we revisit this report from April, which looks at risks related to fault zones and nuclear power plants.
The severity of the compound problems that struck Japan in March—earthquake, tsunami, damage to a nuclear reactor—caught nearly everyone in the risk modeling business by surprise. In the case of Lamont Norman, risk data product manager for Pitney Bowes Business Insight, the aftermath made him curious.
"What is the threat of not only nuclear [power plants], but also chemical and biological threats to the U.S. population and how would those threats impact the property/casualty insurance industry?" asks Norman.
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