Latest Earthquakeauthority Headlines
All the headlines from our Earthquakeauthority Topic Page, ordered by recency.
From Insurance Consumer to Commissioner
Dec 2 2007 // While the position of California Insurance Commissioner is elected and there are already rumblings that he’d make a good gubernatorial candidate in 2010, current California Insurance Commissioner Steve Poizner says...
S&P Report Examines Calif. Earthquake Insurance Coverage
Nov 14 2007 // As if Southern California’s recent devastating wildfires weren’t enough, the Golden State got a second jolt on Oct. 30 via a 5.6 magnitude earthquake just outside of San Jose. An article published by Standard...
Declarations
Nov 4 2007 // CEA Charges “The idea was originally that the CEA (California Earthquake Authority) would have enough funds over time … and wouldn’t need that industry assessment layer. … Theoretically we should...
States under cover
Nov 4 2007 // Natural catastrophes — and the affordability and availability of property insurance in disaster-prone areas — have been on center stage in coastal states from the Northeast to the Gulf Coast. This fall, the...
Calif. Governor Signs Insurance-Related Bills
Oct 9 2007 // California Gov. Arnold Schwarzenegger has signed insurance-related bills into law, including those affecting the California Earthquake Authority, excess investment and auto insurance licenses. Senate Bill 430 was signed on...
CEA funding structure to be revamped under legislation sent to governor
Sep 24 2007 // By a wide margin, California lawmakers have approved a compromise between the California Earthquake Authority’s governing board and its participating homeowner insurers to replace a significant portion of the...
CEA funding structure to be revamped under legislation sent to governor
Sep 24 2007 // p:By a wide margin, California lawmakers have approved a compromise between the California Earthquake Authority’s governing board and its participating homeowner insurers to replace a significant portion of the...
Calif. Passes Bill to Fund Earthquake Authority with $1.3 Billion from Insurers
Sep 13 2007 // The California Legislature has passed SB 430, designating $1.3 billion from participating insurers to fund the California Earthquake Authority (CEA). This additional $1.3 billlion contribution is being made with no...
Calif. Bill to Lower Industry Support for Earthquake Coverage
Sep 4 2007 // California homeowners who buy earthquake insurance through the state-run California Earthquake Authority (CEA) could see their premiums rise under a bill that passed an Assembly committee over opposition from the state...
Declarations
Jul 23 2007 // Declarations Claims capacity “I don’t see the CEA being a healthy organization without the industry being enthusiastic about wanting to be a part of the CEA and selling the product aggressively. Let me just...
Calif. Earthquake Authority pushes for industry assessments
Jul 23 2007 // Southbound Highway 880 traffic was routed around a damaged section of Highway 580 in Oakland, Calif., Monday, April 30, 2007. Crews sifted Monday through the wreckage of a collapsed freeway overpass, and emergency response...
Calif. Earthquake Authority Pushes for Industry Assessments
Jul 11 2007 // Negotiations are continuing in the California insurance industry, as the state’s Earthquake Authority (CEA) continues to seek a way to make up $2.183 billion first industry assessment layer. At its recent governing...
On shaky ground?
Apr 9 2007 // Two decades since its formation, the West’s only regional catastrophe pool, the California Earthquake Authority, faces financial and management changes that could have significant implications for its future. Those...
On shaky ground?
Apr 9 2007 // Two decades since its formation, the West’s only regional catastrophe pool, the California Earthquake Authority, faces financial and management changes that could have significant implications for its future. Those...
California earthquake insurance rates decreasing
Jul 3 2006 // California earthquake insurance policies issued by the California Earthquake Authority will see rate decreases by an average of 22.1 percent. Approximately 85 percent of CEA policyholders will see their rates reduced...
News Currents
Jul 3 2006 // California earthquake insurance rates decreasing California earthquake insurance policies issued by the California Earthquake Authority will see rate decreases by an average of 22.1 percent. Approximately 85 percent of CEA...
California Earthquake Insurance Rates Decreasing
Jun 20 2006 // California earthquake insurance policies issued by the California Earthquake Authority will see rate decreases by an average of 22.1 percent, said Nancy Kinkaid, CEA spokeswoman. Approximately 85 percent of CEA...
News Currents
Apr 17 2006 // Insurers well-braced for next big California earthquake When the next big earthquake strikes California, it’s unlikely to hurt the insurance industry as much as the last one did. The nation’s largest property...
Insurers Well-Braced for Next Big California Earthquake
Apr 3 2006 // When the next big earthquake strikes California, it’s unlikely to hurt the insurance industry as much as the last one did. The nation’s largest property insurers curtailed their exposure to California quakes a...
California May Lower Quake Insurance Rates in Wake of Katrina
Oct 3 2005 // As federal, state and local officials grapple with the financial and physical ruin wrought by Hurricane Katrina, momentum is building to make earthquake insurance offered by the semipublic California Earthquake Authority...
