Governing Board (Web Page)
The Governing Board of CEA governs and conducts the affairs of CEA’s residential property earthquake insurance business in California. It is made up of five elected officials and meets at least four times a year. All meetings are open to the public. Governing Board Members Governor (voting member) Gavin Newsom State Treasurer (voting member) Fiona Ma Insurance Commissioner (voting member) Ricardo Lara Speaker of the Assembly (…
CEA Joins Webinar Addressing How to Help Prevent Earthquake Related Financial Loss (Web Page)
Residential earthquake damage can be expensive and inconvenient. However, you can prepare ahead of time to help minimize the financial impacts to your family by strengthening and protecting your house. During September’s National Preparedness Month, CEA joined our partners, the Earthquake Country Alliance (ECA), to educate Californians about how to effectively minimize financial hardship caused by a major seismic event. It was a lively webinar,…
Governing Board Meeting Materials - December 7, 2023 (PDF)
Notice and Agenda, including Meeting Memoranda - December 7, 2023
Kroll Bond Rating Agency Affirms California Earthquake Authority LTCR at 'A+'; Outlook Stable (Web Page)
New York (September 14, 2023) KBRA affirms the A+ long-term credit rating (LTCR) for the California Earthquake Authority's (CEA) Series 2022A Revenue Bonds. The Outlook is Stable. Key Credit Considerations The rating on the revenue bonds is based on KBRA's assessment of the CEA's financial strength as an essential earthquake insurance provider in the state of California as well as key structural aspects of the bonds. As of June…
Five-year anniversary of La Habra earthquake is a reminder to get prepared (Web Page)
(SACRAMENTO) Five years ago today, a magnitude 5.1 earthquake struck on the Puente Hills fault in La Habra and produced shaking felt across several Southern California counties. More than a hundred aftershocks followed during the next few days, including a magnitude 4.1 quake just a few miles away. The 2014 La Habra quake delivered a reminder to Southern Californians that even moderate earthquakes can cause damage—in this case, power outages,…
CEA's First-Ever Public Forum/Listening Session is a Hit (Web Page)
CEA was pleased to welcome more than 150 people to its first-ever Public Forum/Listening Session. The online meeting allowed participants to share their thoughts and suggestions as CEA faces a crossroad on how to strike a balance between providing valuable earthquake insurance coverage at a relatively stable rate, while having the financial strength to pay policyholder claims in the wake of a catastrophic event. To allow for broader audience…
Public Notice (PDF)
Notice and Agenda - February 25, 2021
Inspection Professionals (IP) (Web Page)
CEA offers policyholders a Hazard Reduction Discount (HRD) if their house was built prior to 1980 and meets certain qualifications identified in the Dwelling Retrofit Verification (DRV) (PDF) form. YOU are the key to helping homeowners provide the DRV form to their insurance agent when applying for the HRD. The DRV provides a checklist for California licensed…
San Francisco Rotarians Learn How to Help Reduce Earthquake Damage (Web Page)
In an ongoing effort to educate Californians on how to strengthen their homes against earthquake damage, CEA seized the opportunity to meet virtually with members of the Rotary Club of San Francisco—and reminded them that earthquakes don’t stop during a pandemic. We shared details about the risk of earthquakes striking the Bay Area, as well as the importance of protecting their homes and making them stronger to help reduce quake related loss…
Northridge earthquake anniversary prompts reminders for California residents (Web Page)
(SACRAMENTO) Today marks the 23rd anniversary of the 1994 Northridge earthquake—the magnitude-6.7 shake that caused widespread damage to freeways, office buildings and homes. The cost to rebuild or repair homes has increased by about 170 percent over the past two decades, and authorities estimate that if the Northridge quake occurred today residential damage in the area could be as high as $79 billion*. “As we commemorate the…