The moderate earthquake that struck Los Angeles late Tuesday (July 29) morning at 11:42am PDT has not caused major damage or serious injury, according to early eyewitness reports and the Los Angeles Fire Department.
Based on the latest available information on the seismic parameters of this event, insurance forecaster AIR Worldwide said it does not expect significant insured losses. The firm says part of the credit for the few losses goes to the state’s building codes.
“Building codes in California are among the strictest in the world,” said Mehrdad Mahdyiar, director of earthquake hazard at AIR Worldwide. “AIR expects minimal to no damage to engineered structures and residential wood frame from Tuesday’s event. Older masonry buildings that have not undergone retrofit may sustain some minor shear cracks and damaged parapets.”