Cellist Mariam Al-Shamma (C’05) and harpsichordist Yeung-Geun Oh (W’04) do a final run-through of Corelli’s Trio Sonata prior to the Penn Baroque and Recorder Ensembles’ concert in Houston Hall’s Bodek Lounge March 15.
“If you have a $200,000 house, you’ll have to pay for the first $30,000 out of your own pocket before getting any compensation from the insurance. And people sometimes feel like they won’t have that much damage from an earthquake.”
Howard Kunreuther, co-director of the Wharton School’s Risk Management and Decision Processes Center, on the reluctance of homeowners to purchase earthquake insurance because of the high deductibles. Only about 12 percent of California homeowners have earthquake insurance. (Washington Post, Aug. 26, 2014)