Monthly Archives: February 2010
Question of the Week: I am covered by the California Earthquake Authority. Is it true that I may not be paid the full amount of my covered loss?
It is true. You see, the CEA is not technically an insurance company. It is not financially regulated like an insurance company and it is not covered by the California Insurance Guarantee Association, a fund that pays the claims of … Continue reading
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Even in Chicago
Insurance officials in Illinois are recommending that folks review their earthquake insurance coverage after Chicagoland was hit with a 3.8 magnitude tremor last week. So just how likely is a significant earthquake to strike in Northern Illinois? I did a little … Continue reading
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Two 4.1 quakes this weekend in SoCal
Latest quakes in California: February 15, 2010, 4.1 near Coso Junction, CA; February 13, 2010, 4.1 near Redlands, CA. There was also a 4.5 in Baja California, Mexico on February 15, 2010, only 37 miles south of the border. Three in … Continue reading
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