April 15, 2019
The California Earthquake Authority’s governing board has voted to sponsor and support the Resilient Homes Initiative, a bill aimed at helping Californians prepare for earthquakes by restructuring the CEA to strengthen its long-term financial sustainability and increase the number and …
April 2, 2019
A bill to that would enable the California Earthquake Authority to expand mitigation programs is making its way through state Legislature. State Sen. Majority Leader Bob Hertzberg, D-Van Nuys, this week released the details of the Resilient Homes Initiative, an …
October 16, 2018
Millions of people are expected to drop, cover and hold on at 10:18 a.m. PST on Thursday, which should be a good opportunity for insurance agents to try and sell some policies, according to the head of the California Earthquake …
October 9, 2018
Registration opens today for the 2019 Earthquake Brace + Bolt program, which offers eligible homeowners grants of up to $3,000 for seismic retrofits to strengthen their older houses and make them more resistant to earthquake damage. EBB will offer 2,000 …
February 26, 2018
The Earthquake Brace + Bolt program closed its latest registration with more than 7,500 California homeowners applying for 2,000 retrofit grants. The EBB, funded primarily by the California Earthquake Authority, closed registration on Friday. The CEA reported the turnout on …
January 23, 2018
Registration opens today for eligible homeowners to receive grants of up to $3,000 for seismic retrofits of their older homes. Homeowners have until Feb. 23 to apply for a grant from California’s Earthquake Brace + Bolt program. EBB is expanding …
July 31, 2017
Californians may be getting the idea that they live in earthquake country. That’s the underlying message that can be found in the latest figures out from the California Earthquake Authority. The CEA, a not-for-profit, publicly managed organization, announced on Monday …
May 23, 2017
Swiss Re Capital Markets Corp. has successfully structured and placed the issuance of $925 million of insurance-linked securities for the California Earthquake Authority. Swiss Re Capital Markets underwrote the transaction through two classes of principal-at-risk variable rate notes issued by …
May 8, 2017
The California Earthquake Authority has created an online tool to help home inspection specialists evaluate a house’s vulnerability to earthquake damage. The online tool, QuakeGrade, uses information entered by an inspector and collects data about a house’s structural and geological …
March 22, 2017
A pair of Congressmen from California today introduced the Earthquake Mitigation Incentive and Tax Parity Act of 2017 to exclude incentives for residential seismic retrofits from federal taxation. The act was introduced by Reps. Mike Thompson, D-St. Helena, and Paul …