NU Online News Service, Aug. 24, 12:10 p.m. EDT
The 5.8 magnitude Virginia earthquake that shook the East Coast yesterday is expected to produce less than $100 million in insured losses, a catastrophe modeler said.
EQECAT released a statement last night saying that, due to the nature of the East Coast's geology, earthquakes in the central and eastern United States “can be felt over an area as much as 10 times larger than a similar magnitude earthquake in the western” United States.
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