Yesterday's earthquake in Borrego Springs delivers preparedness reminder; California Earthquake Authority (CEA) offers strength to rebuild
Though the California Earthquake Authority (CEA) estimates that only 21,865 of its policyholders in the immediate area may have felt shaking from yesterday's 5.4-magnitude quake near Borrego Springs, the event serves as yet another reminder to make earthquake preparedness a top priority in California.
California Earthquake Authority (CEA) ready to pay claims for residential damage for Baja earthquake
The California Earthquake Authority (CEA) estimates that about 100,000 of its policyholders in the Southern California area may have felt shaking from Sunday's 7.2-magnitude quake in Baja, California. El Centro and Calexico are the largest cities that may have experienced the greatest shaking...
Congress hears request to reduce costs of earthquake insurance
California Earthquake Authority CEO Glenn Pomeroy testified today before the U.S. House of Representatives Subcommittee on Housing and Community Opportunity and Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, in support of H.R. 2555 (specifically Title II), which would allow the CEA to lower its earthquake insurance rates and policy deductibles. The subcommittees met jointly to examine this legislation. …
CEA Statement on Moody's Rating Affirmation and Outlook Change
The California Earthquake Authority (CEA) today commented on an announcement by Moody’s Investors Service concerning CEA’s bonds. …