Earthquake Insurance Underwriting

CEA Coverage Changes November 1, 2023

The CEA is enacting insurance changes to their earthquake insurance policies. In a letter sent directly to exisiting consumers. The CEA states that they are “writing to inform you about changes that are coming to your California Earthquake Authority (CEA)earthquake insurance policy..” More information is also available on their website. The changes are numerous and…
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Magnitude

General Definitions of Magnitude, Science Definitions of Magnitude What is Magnitude in Relationship to Earthquakes How are Magnitudes Measured? Different Methods of Measurement. Magnitude and the Importance to the Earthquake Insurance Industry: Magnitude has many different definitions. However as it relates to the insurance industry it is simply a measurement of an earthquake. The use…
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A Washington, Oregon, & California Tsunami Story – Now Where is the Coverage?

A great article found on DNYUZ highlights this risk of Tsunami to Washington State Tsunamis are not covered by Earthquake Insurance, but are they covered by Flood Insurance? The Media Story about Ocean Shores Washington State: An exellent article found in DNYUZ.com titled “The Tsunami Could Kill Thousands. Can They Build an Escape? was published…
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