Latest Earthquakeauthority Headlines

All the headlines from our Earthquakeauthority Topic Page, ordered by recency.

California Governor Signs Bill Earthquake Insurance Information Bill

Sep 18 2014 // Gov. Jerry Brown has signed Assembly Bill 2064, a bill aimed at changing the way Californians learn about earthquake insurance for their homes. Under California law, insurers that sell residential property insurance also...

California State Funds Continue to Shake Up Cat Bond Market

Sep 3 2014 // California’s recent “Winequake” brought the public’s focus back to the state’s significant vulnerability to seismic events. Fortunately, the tremors, while costly, did not tally a high human...

Busy Week for Those Assessing Damage from Napa Quake

Aug 29 2014 // “It’s been a busy week,” said Glen Pomeroy, CEO of the California Earthquake Authority. The magnitude 6.1 earthquake that struck Northern California in the early hours of Aug. 24 may cause up to $4...

Lessons from Napa’s ‘Winequake’

Aug 25 2014 // In the early hours Sunday morning, Northern California shook with the largest earthquake it has experienced since 1989. The South Napa Earthquake, as it is being referred to by the U.S. Geological Survey, was a magnitude...

Report: $100M in Losses from Southern California Quake

Jul 21 2014 // The moderate earthquake that struck Southern California in spring did more damage than people may think – and a bigger quake on that fault could be more devastating than a “big one” on the region’s...

Report: $100M in Losses from Southern California Quake

Jul 9 2014 // The moderate earthquake that struck Southern California in spring did more damage than people may think – and a bigger quake on that fault could be more devastating than a “big one” on the region’s...

CEA: Policy Sales Spiked Following California March Temblor

Jun 16 2014 // California Earthquake Authority insurance policy sales jumped following the March 29 magnitude 5.1 La Habra earthquake by nearly as much as the spike in policy sales following the March 11, 2011, magnitude-9.0 Tohoku...

CEA: Policy Sales Spiked Following California March Temblor

May 30 2014 // California Earthquake Authority insurance policy sales jumped following the March 29 magnitude 5.1 La Habra earthquake by nearly as much as the spike in policy sales following the March 11, 2011, magnitude-9.0 Tohoku...

Policyholders File Claims, Get Payments for California Quake

May 19 2014 // The California Earthquake Authority reported it has paid numerous claims for damage to homes that sustained “relatively minor damage” from the magnitude 5.1 earthquake that struck La Habra on March 28. Most CEA...

Recent Quakes Push Interest, Sales of Policies in California

May 5 2014 // Some people don’t need Earth Day to be reminded they live on a planet powered by the forces of nature. The recent string earthquakes on the Pacific belt may have hit home with California homeowners, who were already...

Policyholders File Claims, Get Payments For California Quake

Apr 29 2014 // The California Earthquake Authority reported Tuesday it has paid numerous claims for damage to homes that sustained “relatively minor damage” from the magnitude 5.1 earthquake that struck La Habra on March...

Recent Quakes Push Interest, Sales of Policies in California

Apr 22 2014 // Some people don’t need Earth Day to be reminded they live on a planet powered by the forces of nature. The recent string earthquakes on the Pacific belt may have hit home with California homeowners, who were already...

Twenty Years Later Big Lesson From Northridge Quake Lost

Jan 17 2014 // Twenty years ago today a big one hit the Los Angeles area, killing several people and injuring thousands, damaging tens of thousands of properties, shutting down businesses, putting out of operation some of the...

Fitch Affirms California Earthquake Authority’s ‘A’ Rating

Oct 29 2013 // Fitch Ratings has affirmed the “A” rating on California Earthquake Authority’s outstanding fixed-rate revenue bonds, which mature on July 1, 2016. Fitch has also affirmed CEA’s Issuer Default Rating...

CEA’s First CIO Reflects C-Suite Trend

May 20 2013 // Technology veteran Todd Coombes’ approach to his new job as the first chief information officer for the California Earthquake Authority is to keep an enterprising yet cautious eye on the risks and rewards that...

CEA Taps First Chief Information Officer

May 9 2013 // The California Earthquake Authority named Todd Coombes as the CEA’s first chief information officer. Following a recommendation from consultant PricewaterhouseCoopers, CEA’s governing board approved adding a...

Jones, CEA Pay Heed to Northridge Quake Anniversary

Jan 28 2013 // With the anniversary of the Northridge Quake in mid-January, earthquake coverage was on a lot of minds. Jan. 17 marked the 19th Anniversary of an event many Southern Californians well remember. On that day in 1994, the...

CEA Offering Shows Enormous Private Sector Interest in Earthquake Insurance

Aug 3 2012 // The California Earthquake Authority, which has been lobbying Congress to establish a federal backstop to its debt financing, is proving once again that it can do plenty fine on its own. The quasi-public agency just...

CEA Unveils Homeowners Choice Earthquake Coverage Product Line

Jul 3 2012 // As of July 1, 2012, the California Earthquake Authority (CEA) is offering its new Homeowners Choice product line. The new product will give residents greater control over their earthquake insurance premium and the ability...

CEA, Red Cross Alliance Auction Raises $180K Disaster Readiness and Relief

May 10 2012 // Two months after joining forces to increase earthquake preparedness in California, the alliance between the California Earthquake Authority and the American Red Cross to put on a statewide online auction in April raised...