California Quakes Highlight Potential Impact Of Novel Insurance Program - #1127
In the past 48 hours, there have been two major earthquakes in Southern California with an epicenter near the town of Ridgecrest. The quakes hit on July 4 and 5th, with the largest and most recent reaching a 7.1 on the Richter scale. In part due to the remote location, no deaths have been attributed to the quakes, but property damage across the region will ultimately be substantial. Kate Stillwell, CEO of Jumpstart Insurance, a novel insurance company that provides coverage that pays out quickly following a quake, joined me for a conversation about the quake and the insurance her company provides. Here in Salt Lake City, where I’m based, I felt the quake in my high-rise condominium and videotaped the lamps swinging as the wave rolled through our community—providing evidence of the power of the most recent quake. You can see a bit of that video with the video of the interview in the player at the top of the article. Note that I was a bit “discombobulated” by the quake, which is evident in the video. I can only imagine how devasting the quake was for people whose homes, businesses and personal property were damaged or destroyed. Read the full Forbes article and watch the interview here: http://bit.ly/2Jl0rDb. Never miss another interview! Join Devin here: http://bit.ly/joindevin. Click the following link to learn my insider secrets to media publicity for social impact: http://bit.ly/75offmedia.