Oregon launches review of earthquake insurance options

An official review of setting up an earthquake insurance
provider modelled on California's publicly managed, privately
funded carrier has begun in Oregon, where experts say there's a
significant risk of a major temblor that could level hundreds of
thousands of buildings.
The 600 mile (966km) long Cascadia Subduction Zone 75 miles off
the coast of the Pacific Northwest has a 40 percent chance of
producing an earthquake of 9.0 or greater magnitude over the next
50 years, with devastating consequen