California Earthquake Authority definition

California Earthquake Authority or “CEA” means the entity that issued this policy. The CEA is a public instrumentality of the State of California created and authorized by law to transact insurance in California as necessary to sell policies of basic residential earthquake insurance. The authorization appears in the California Insurance Code, beginning at section 10089.5.

Examples of California Earthquake Authority in a sentence

  • We would appreciate hearing from you at least five days before the meeting date to best allow us to meet your needs.*** NOTE: You might have received this notice because your name, or that of your organization, appears on a public-notice list maintained by the California Earthquake Authority.

  • Administrative Services Contract (ASC) Plans In 2008, certain members of the PIC Amended and Restated Reinsurance Pooling Agreement (refer to Note 26) agreed to become participating insurers of the California Earthquake Authority (“CEA”), a publicly-managed, privately funded organization that provides residential earthquake insurance in California.

  • If in the future you do not wish to receive public notices pertaining to the California Earthquake Authority, please send your request by email to cmartinez@calquake.com.

  • For information on how to obtain copies of the financial statements of the CEA, contact the California Earthquake Authority, 801 K Street, Suite 1000, Sacramento, CA 95814.

  • California allows an exclusion from gross income for any amount received as a loan forgiveness, grant, credit, rebate, voucher,or other financial incentive issued by the California Residential Mitigation Program or the California Earthquake Authority to assist a residential property owner or occupant with expenses paid, or obligations incurred, for earthquake loss mitigation.

  • Administrative Services Contract (ASC) Plans In 2008, the Company’s affiliate, Safeco Insurance Company of America and other members of the Peerless Amended and Restated Reinsurance Pooling Agreement (refer to note 25) agreed to become participating insurers of the California Earthquake Authority (“CEA”), a publicly-managed, privately funded organization that provides residential earthquake insurance in California.

  • The California Earthquake Authority (CEA) is a publicly managed, privately funded, not-for-profit organization whose mission is to provide residential earthquake insurance and encourage Californians to reduce their risk of earthquake damage and loss through effective risk education, damage mitigation, and insurance protection.

  • The California Earthquake Authority (CEA), a legally separate organization, offers basic earthquake insurance for California homeowners, renters, condominium owners, and mobile home owners.

  • That companion policy must provide fire insurance for the property that is the subject of this California Earthquake Authority policy.

  • In response, Florida created the Florida Catas- trophe Reinsurance Fund in 1993, followed soon thereafter by the Hawaii Hurricane Relief Fund (1994) in Hawaii and the California Earthquake Authority (1996) in California.

Related to California Earthquake Authority

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