Northridge earthquake remembered as one of costliest natural disasters in U.S. history (Web Page)
(SACRAMENTO) Next week marks the 25th anniversary of one of the costliest natural disasters in U.S. history, the magnitude 6.7 earthquake that struck on Jan. 17, 1994, in an urban area just 20 miles northwest of Los Angeles. The quake destroyed or severely damaged thousands of single-family homes, apartments and mobilehomes, displacing about 22,000 people from their homes and causing residential damage estimated at more than $20 billion—…
CEA Governing Board expands policyholder eligibility for seismic retrofit grants (Web Page)
The California Earthquake Authority (CEA) Governing Board voted unanimously to offer up to a $3,000 retrofit grant, to approximately 30,000 CEA policyholders as part of CEA’s existing Brace + Bolt program. Previously, 12,000 CEA policyholders were eligible to apply for this retrofit grant, launched earlier this year. Beginning July 1, eligible CEA policyholders can receive up to a 25% discount on their CEA earthquake insurance premium when they…