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AM Best Revises Issuer Credit Rating Outlook to Stable for California Earthquake Authority

AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb+” (Good) of California Earthquake Authority (CEA) (Sacramento, CA).

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California Earthquake Authority’s Governing Board Announces Leadership Change

The Governing Board of the California Earthquake Authority (CEA) has announced that Tom Welsh, CEA’s Chief Legal and Compliance Officer, has been appointed as Interim Chief Executive Officer. Tom Welsh assumes the Interim CEO role following Glenn Pomeroy’s decision to step down as CEO following 16 years of service.

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加州地震局(CEA)理事會宣布:CEA的首席法律與合規官員Tom Welsh被任命爲臨時首席執行官(CEO)。任職16年後,Glenn Pomeroy决定不再擔任CEO一職,幷由Tom Welsh 臨時接任。

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La junta directiva de California Earthquake Authority anuncia cambio de liderazgo

La Junta Directiva de California Earthquake Authority (CEA) ha anunciado que Tom Welsh, Director Legal y de Cumplimiento de CEA, ha sido nombrado Director Ejecutivo Interino. Tom Welsh asume el cargo de Director Ejecutivo Interino tras la decisión de Glenn Pomeroy de dejar el cargo de Director Ejecutivo tras 16 años de servicio.

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Earthquake Brace + Bolt Grants Now Available To More Eligible California Homeowners

Thousands of California homeowners are now eligible to apply for Earthquake Brace + Bolt (EBB) seismic retrofit grants as approximately 300 new ZIP Codes have been added to the program. Starting today, January 10 and continuing until February 21st, eligible homeowners in 815 ZIP Codes can apply for $3,000 seismic retrofit grants to help strengthen their homes against earthquake damage.

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