Mobilehomes & Manufactured Homes (Web Page)
Many mobilehomes and manufactured homes are built on support piers, often steel jacks or masonry piers, that were designed just for gravity loads—and these gravity support systems were not built to withstand earthquake shaking. In California, laws were enacted after the 1994 Northridge earthquake that require new or relocated mobilehomes and manufactured homes to have earthquake bracing but,…
New CEO at California Earthquake Authority - 中文 (Web Page)
加州地震局 (CEA) 理事会宣布新任首席执行官，该人与 CEA 渊源匪浅，兼具丰富的保险监管专业知识及与利益相关方合作方面的出色往绩。 （加州沙加缅度讯）——加州最大的住宅地震保险提供商加州地震局（ CEA ）理事会荣幸宣布，首席法律合规官 Tom Welsh 即日起正式出任首席执行官 (CEO) 一职。 此任命是 CEA 理事会在全国广泛物色人选后做出的决定，它标志着 CEA 即将开启一段崭新的发展历程。今后，该组织将重点关注可持续发展、卓越的地震准备工作与保险能力，同时加强与利益相关方合作。 自 2024 年 1 月起担任临时 CEO 的 Tom Welsh，自 CEA 成立以来就与CEA 保持着紧密联系。他拥有数十年的领导经验，多年来对 CEA 的发展影响深远。他倡导实施了一系列具影响力的政策，并与关键利益相关方建立了稳固的关系。在保险监管和立法领域，他凭借深厚的专业知识及与利益相关方的紧密合作取得了诸多佳绩，为 CEA…
Stem Wall House (Web Page)
What is a Stem Wall House? Two types of houses built before 1980—"stem wall” and “cripple wall”—may benefit from retrofitting with foundation anchoring, which reduces the possibility of a house sliding off of its foundation in an earthquake. “Stem wall” houses have a wood-framed first floor resting directly on a raised concrete perimeter foundation. The stem wall retrofit…
Kroll Bond Rating Agency Affirms California Earthquake Authority LTCR at 'A+'; Outlook Stable (Web Page)
New York (September 14, 2023) KBRA affirms the A+ long-term credit rating (LTCR) for the California Earthquake Authority's (CEA) Series 2022A Revenue Bonds. The Outlook is Stable. Key Credit Considerations The rating on the revenue bonds is based on KBRA's assessment of the CEA's financial strength as an essential earthquake insurance provider in the state of California as well as key structural aspects of the bonds. As of June…
Five-year anniversary of La Habra earthquake is a reminder to get prepared (Web Page)
(SACRAMENTO) Five years ago today, a magnitude 5.1 earthquake struck on the Puente Hills fault in La Habra and produced shaking felt across several Southern California counties. More than a hundred aftershocks followed during the next few days, including a magnitude 4.1 quake just a few miles away. The 2014 La Habra quake delivered a reminder to Southern Californians that even moderate earthquakes can cause damage—in this case, power outages,…
Northridge earthquake anniversary prompts reminders for California residents (Web Page)
(SACRAMENTO) Today marks the 23rd anniversary of the 1994 Northridge earthquake—the magnitude-6.7 shake that caused widespread damage to freeways, office buildings and homes. The cost to rebuild or repair homes has increased by about 170 percent over the past two decades, and authorities estimate that if the Northridge quake occurred today residential damage in the area could be as high as $79 billion*. “As we commemorate the…
Millions of Californians prepare to participate in annual ShakeOut earthquake drill (Web Page)
(SACRAMENTO) Millions of Californians will take an important step toward earthquake safety this Thursday, Oct. 18, at 10:18 a.m. during the 10th annual Great California ShakeOut drill, by practicing how to “Drop, Cover, and Hold On” when the ground shakes. Most Californians live within 30 miles of an active fault. Scientists say there is a 99 percent chance of a magnitude 6.7 or greater earthquake striking our state within the next…