California earthquake insurance News

Deaths, Damage from California Mudslides Rise in Wealthy Montecito Community

The mudslides on the California coastal town of Montecito have devastated a wealthy enclave where billionaires including Charlie Munger, Eric Schmidt and Oprah Winfrey own properties, with hundreds of millions of dollars of damage in one of America’s most expensive …

Palomar Launches Equity Protector Residential Earthquake Product in California

Palomar Specialty Insurance Company has launched Equity Protector, a residential earthquake insurance policy in California. Equity Protector provides for the protection of $50,000 or $75,000 in Coverage A โ€“ Dwelling losses above an industry low 1 percent deductible. The new …

Dearth of Insurance Coverage Complicates San Francisco Quake Risk

The San Francisco region will probably be struck by an earthquake with a magnitude of at least 6.7 in coming decades, and most of the billions of dollars of damages wouldn’t be covered by insurance. A worst-case, magnitude 7.9 earthquake …

ICAT Launches a New California Homeowners Earthquake Product

BOULDER, CO โ€“ (August 4, 2014) โ€“ ICAT, a leading provider of property insurance to businesses and residences in hurricane and earthquake exposed regions of the United States, is pleased to announce the launch of its admitted Earthquake Homeowner Insurance …