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No need for federal earthquake insurance

Local News // Oct. 19, 2016
No need for federal earthquake insurance

Federal Insurance against earthquakes has been deemed as unnecessary by a committee of the National Council.

Parliament discussed having an insurance in 2012 but failed to convince a majority of cantons.

There are already private and cantonal insurances against the risk and in the case of a major earthquake, only one state would need to deal with the situation.

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