Japan’s insurance market leaves big gaps!!!!!!!!

Eqecat, a catastrophe-modeling firm, estimated Wednesday that the quake may trigger $12 billion to $25 billion of insured losses. Read about the latest tallies by the insurance industry.

Earlier in the week, Eqecat put the total economic cost of the disaster at $100 billion. The ultimate impact may be closer to $190 billion, according to Barclays Capital. See story on the economic impact here.

JAPAN IN CRISIS | MarketWatch Topic: Disasters
 
Japan's tragedy in 60 seconds: A week of devastation compressed into a single minute. 

Japan takes ‘first step’
to stem nuclear threat
Officials say they have taken a “good first step” to avert a full-scale nuclear calamity in Fukushima.
• Obama: Harmful radiation not likely in U.S. 
• Japan drops water on nuclear plant 
• No danger seen to U.S. from nuclear crisis

Quake cluster feared
Most experts believe giant earthquakes strike randomly. But others see linkage among them.

NEWS ANALYSIS AND MARKET REACTION
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• Disaster in Japan: Breaking News Blog

After natural disasters struck other countries in recent years, insurers have covered much bigger portions of total losses.

Hurricane Katrina, which struck the U.S. in 2005, caused total losses of $125 billion. Insured losses were $62.2 billion, almost half, according to the Insurance Information Institute, which represents the industry.

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U.S. screening passengers, cargo from Japan for radiation!!!!!!!!!!!

WASHINGTON —

The Department of Homeland Security is screening passengers and cargo entering the United States from Japan for “even a blip of radiation,” Homeland Security Secretary Janet Napolitano said Thursday.
  
Customs and Border Protection said there have been reports of radiation being detected from some cargo arriving from Japan at several airports. Those airports include Chicago, Dallas and Seattle. Radiation has not been detected in passengers or luggage. And none of the reported incidents involved dangerous or harmful amounts of radiation.
  
The agency handles more than half a million radiation alarms a year, though many are related to medical procedures.
  
No harmful levels of radiation have reached the U.S. since the nuclear crisis in Japan sparked by last week’s devastating earthquake and tsunami, she said.

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How to survive nuclear fallout from Japan’s reactor meltdown!!!!!!!!!!

If such an event does occur what can you do to protect yourself and your family?

Historically, after the atom bombing of Hiroshima and Nagasaki during 1945, many survivors of the blast died of exposure to radioactive fallout. But the vast majority of Dr. Tatsuichiro Akizuki, the Director of the Department of Internal Medicine at St. Francis’s Hospital in Nagasaki, survived. Despite being less than a mile from the epicenter of the atomic explosion, the doctor, his staff and his patients avoided radiation sickness by consuming a simple diet of natural brown rice, miso soup, sea vegetables and salt. Akizuki strictly prohibited the consumption of any sugar-based foods and candy. ¹

Whole grains fight radiation poisoning

Because natural whole grains are simple foods they don’t have concentrated contaminants often present in meat and fleshy fish. They’re less likely to contain radioactive contamination too.

High fiber and phosphorous contents in grain help protect against radiation poisoning. The substances bind with toxins—including radioactive ones—and help eliminate them from the body. Plus the “bulking factor” of grains reduces the time that the toxins stay in the gut and eliminate the poison faster.

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