Latest Earthquakeauthority Headlines

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

Insurtech Jumpstart Rolls out Parametric Earthquake Product for Californians

Oct 2 2018 // A firm that wants to make a name for itself as the first parametric insurtech in the U.S. for earthquakes has officially launched in California, over a year after its anticipated original launch date. Jumpstart Insurance...

Another 2K California Homeowners Eligible for Retrofit Grants

Jul 31 2018 // More than 2,000 homeowners will get free money to retrofit their homes to help them better withstand earthquakes, according to the top official at the California Earthquake Authority. The homeowners were on a waiting list...

Record Number of Californians Applied for Earthquake Retrofit Grants

Feb 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...

Managing the CEA’s growth would be easier with this one small fix

Feb 8 2018 // The California Earthquake Authority, the state’s privately funded and publicly managed earthquake “instrumentality,” is growing like mad. A spate of recent natural disasters—in combination with savvy...

California Earthquake Authority Chief Talks About 1 Million Policies

Jan 18 2018 // Glenn Pomeroy, CEO of the California Earthquake Authority, is as enthusiastic of an earthquake policy salesman as you’ll find anywhere. Pomeroy has headed the state’s privately funded, publicly managed seller...

1987 Whittier Narrows Earthquake Anniversary A Reminder to Californians

Sep 29 2017 // The 30th anniversary of the 1987 magnitude 5.9 Whittier Narrows earthquake is Sunday, and the head of the California Earthquake Authority is using that to remind Californians to buy earthquake insurance. The quake was...

California Earthquake Authority Policy Sales up 5.4% in 2Q from Year Ago

Aug 7 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...

California Earthquake Authority Policy Sales up 5.4% in 2Q from Year Ago

Jul 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...

Exclusive: California Broker Plans Parametric Quake Product That Pays Even If No Damage

Jul 21 2017 // A California broker is promising to bring a “first-of-its-kind financial resource” that pays homeowners after an earthquake for a low monthly premium whether there’s damage to the home or not. A Berkeley,...

Swiss Re Places $925M Cat Bond for California Earthquake Authority

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...

California Earthquake Authority Creates Online Home Vulnerability Evaluator

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...

California Earthquake Authority Promotes Coombes, Schneider

Feb 10 2017 // The California Earthquake Authority has named Todd Coombes chief insurance and technology officer. The CEA also named Kellie Schneider chief operations officer. The moves follow the retirement at the end of January of Bob...

Research Shows California Homeowners Lack Understanding of Retrofitting

Feb 1 2017 // A new study on California homowners shows a general awareness of earthquakes and other natural hazards, but that those owners did not necessarily take action to mitigate risks, and many didn’t know whether their home...

California Homeowner Registration Starts for 2017 Brace + Bolt Program

Jan 26 2017 // The 2017 Earthquake Brace + Bolt program opened registration this week for $6 million in grants for seismic retrofits. This represents a 25 percent increase in funding over last year to help California homeowners protect...

West Regulation Report Card: California Most Politicized State

Jan 9 2017 // A report gives California’s insurance regulatory environment low marks for auto body repair rules, the insurance commissioner’s call for insurers to divest from coal, its prior approval law and being the...

CEA Reports No Claims So Far from Nevada Quake

Dec 28 2016 // A swarm of earthquakes in Nevada produced shaking in wide parts of Northern and Central California early this morning, including in Sacramento and Fresno. The first shock, a magnitude 5.7, occurred shortly after midnight...

West Regulation Report Card: California Most Politicized State

Dec 22 2016 // A report gives California’s insurance regulatory environment low marks for auto body repair rules, the insurance commissioner’s call for insurers to divest from coal, its prior approval law and being the...

The California Earthquake Authority 20 Years Later

Dec 19 2016 // It was 20 years ago this month that insurers began selling California Earthquake Authority policies — two years off of a hard lesson learned by the state’s residents and its insurance market. But 20 years later...

CEA Using California Quakes as Opportunity to Spread the Word

Dec 8 2016 // In the way of a magnitude 6.5 earthquake off the Northern California coast at 6:45 a.m., a hundred miles west of Eureka, and then a few hours later a magnitude 5.0 in the same general area, the California Earthquake...

The California Earthquake Authority 20 Years Later

Dec 1 2016 // Twenty years ago today insurers began selling California Earthquake Authority policies – two years off of a hard lesson learned by the state’s residents and its insurance market. But 20 years later are we any...