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California Earthquake Authority Selling Debt to Avoid Paying More for Coverage
Jul 9 2024 // A state-managed earthquake insurer for homeowners in California is opting to borrow from the public debt market in lieu of paying for additional coverage that would shield it against risks. The California Earthquake...
People Moves: California Earthquake Authority Governing Board Appoints New CEO
Jun 28 2024 // Tom Welsh The Governing Board of the California Earthquake Authority (CEA) named Tom Welsh CEO. Welsh was the chief legal and compliance officer. He has served as the interim CEO since January. He joined the CEA in 2019 as...
Four Minor Early Morning Earthquakes Hit Southern California
Jun 24 2024 // Four small earthquakes occurred in California in the early Monday morning hours, according to the U.S. Geological Survey. A magnitude 3.2 earthquake struck near Cobb at a depth of 1.1 miles, a M2.9 quake hit two miles...
ShakeAlert Adding Satellite Capabilities for Earthquake Warnings
Jun 10 2024 // The U.S. Geological Survey and its partners have come out with a new capability designed to characterize large earthquakes quickly in hopes of helping warn the public about potentially damaging shaking headed their...
Emerald Bay and Arrowhead Launch Commercial Earthquake Facility in California, Pacific Northwest
Jun 7 2024 // Emerald Bay Risk Solutions and Arrowhead General Insurance Agency Inc. have launched a commercial earthquake facility that provides difference in conditions insurance policies for medium to large businesses. Arrowhead EQ...
M4.1 Earthquake Shook Parts of Los Angeles Area: USGS
May 2 2024 // A magnitude 4.1 earthquake shook parts of the Los Angeles Area, including the cities of Corona, Anaheim, and Santa Ana on at 1:49 p.m. local time on the afternoon of Wednesday, the USGS confirmed. The epicenter was in the...
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