CEA News

CEA Reports No Claims So Far from Nevada Quake

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 southwest of Hawthorne, Nev., roughly 72 …

CEA Using California Quakes as Opportunity to Spread the Word

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 Authority …

The California Earthquake Authority 20 Years Later

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 better off? Glenn Pomeroy, the …

Earthquake Policy Sales up, and May Continue to Rise Following ShakeOut

It’s still a few days until the annual Great ShakeOut earthquake drills during which people in homes, schools, and organizations practice what to do during earthquakes – the events encourage preparedness and buying policies – but sales of earthquake policies …

California Earthquake Authority Sees Surge in New Policies

The California Earthquake Authority has seen a significant increase in the purchase of CEA policies so far in 2016, according to its top executive. CEA now has more than 908,000 policies in force, an increase of roughly 29,000 policies in …

California Earthquake Authority Wins Top Marketing Award

The California Earthquake Authority won the SAMMY Award for “overall Best of Show” at the 58th Annual Insurance Marketing & Communications Association Showcase Awards Gala. The SAMMY Award was voted on by attendees at the 2016 IMCA Annual Conference in …

Earthquake Resilience Topic at Southern California Conference

Most people aren’t prepared for the big one. If there was one common theme at a three-day earthquake conference in downtown Long Beach, Calif., that was it. The National Earthquake Conference, which runs through Friday, is a quadrennial event bringing …

Grants Now Available to Strengthen Older California Homes

California homeowners have until Feb. 20 to apply for up to $3,000 in funding for retrofits to protect their homes from catastrophic earthquake damage. The Earthquake Brace + Bolt program today opened the registration period for $4.8 million in seismic …

California Earthquake Authority’s 2016 Changes Aim to Increase Policy Count

It’s about the closest thing to DIY earthquake insurance as one can get, though there’s definitely no indication that the newest consumer-friendly features being rolled out by the California Earthquake Authority will enable people to do without their agents. CEA …

California Department of Insurance Approves CEA Rate Reduction

California Insurance Commissioner Dave Jones approved a statewide rate reduction of 10 percent for earthquake insurance policies issued by the California Earthquake Authority. The reduction is effective Jan. 1, 2016. Jones also approved additional CEA coverage options for consumers, including …