Latest Earthquakeauthority Headlines

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

California Earthquake Authority Releases Project Consulting Team Report

Jul 11 2001 // A new report completed by Tillinghast-Towers Perrin presents the current state of the California Earthquake Authority (CEA) in a positive light. The “CEA Project Consulting Team Report,” was commissioned by the...

Earthquake Awareness: Not Just a California Thing Anymore

Jun 25 2001 // Residents in Oregon and Washington would probably be surprised to know that more than 1,000 earthquakes per year are recorded in the two states by the seismology lab at the University of Washington. The biggest reason for...

Banning Major Earthquakes-A Savvy, Market-Saving Move

Jun 25 2001 // Apparently, we’ve licked that quake insurance problem. Faced with the devastation (property and market) wrought by the Northridge Earthquake and the realization by insurers that the loss models they had carefully...

Seismology & Synchronicity

Mar 12 2001 // It’s started again. Yep, suddenly everyone wants earthquake insurance. After the 6.8 shakeup in Seattle, who wouldn’t? Like most people who have some kind of friend or relation within 100 miles of Seattle, I...

State Audit Finds CEA Reinsurance Costs Reasonable

Mar 2 2001 // The California Earthquake Authority has made significant progress in reducing what it pays for reinsurance, according to a report by the California State Auditor released yesterday. The State Auditor concluded that...

FINANCIAL PLANNING FOR THE CEA

Jan 29 2001 // As the California Earthquake Authority (CEA) continues its strategic planning process, its most recent step was to select Paratus Consulting, a newly founded San Francisco-based consultancy, as its financial modeler....

Calif. Earthquake Authority Selects Financial Modeler

Jan 17 2001 // As the California Earthquake Authority continues its strategic planning process, its most recent step was to select Paratus Consulting, a newly founded San Francisco-based consultancy, as its financial modeler. Paratus...

PIFC Looks Back on the Seven Years Since the Northridge Quake

Jan 17 2001 // Exactly seven years ago to the day, America experienced its most costly insurance disaster as the Northridge earthquake rumbled through California, killing 60 people and destroying or damaging thousands of homes,...

Future of Calif. Earthquake Authority Remains Hot Topic of Debate

Oct 31 2000 // Treasurer Phil Angelides has indicated recently that he has some concerns about the stability of the California Earthquake Authority. He made his fears public Oct. 26, sending out a letter to lawmakers calling for a...

A Change of Attitude at the CDI: New Commissioner Asserts Calming Influence

Oct 30 2000 // It’s a sunny fall day in Sacramento and at 300 Capitol Mall, all is peaceful. Up on the 17th floor at the California Department of Insurance (CDI), the quiet murmur of voices, purring fax machines and chatter from...

A Change of Attitude at the CDI: New Commissioner Low Asserts a Calming Influence

Oct 20 2000 // It’s a sunny fall day in Sacramento and at 300 Capitol Mall, all is peaceful. Up on the 17th floor at the California Department of Insurance (CDI), the quiet murmur of voices, purring fax machines and chatter from...

Industry Leaders Speak Out About Quackenbush Resignation

Jul 10 2000 // “There is a feeling of inevitability—things got pretty dismal around here. I guess there were no surprises, it”s just the suddenness of it. There was all the anticipation of this great hearing [scheduled for...

Quake Authority Looks to Develop a Five-Year Strategic Plan

Jun 12 2000 // After the Northridge earthquake rumbled through California on Jan. 17, 1994, destroying or damaging more than 200,000 homes, injuring 12,000 people and killing 60, and damaging or leaving uninhabitable 114,000 buildings,...

Quake Bills Could Create Shaky Ground for Insurers

Jun 12 2000 // On May 24, the California Senate passed SB 1899 despite opposition from industry groups. The bill, sponsored by Senator John Burton (D-San Francisco), has been referred to the Assembly Judiciary Committee for further...