Calif. Passes Bill to Fund Earthquake Authority with $1.3 Billion from Insurers

September 13, 2007

  • September 13, 2007 at 6:47 am
    OakRaidFan says:
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    ‘Proud to say that I lobbied hard for the CEA. With the help of then-State Senate Pro Tempore Bill Lockyer, we (agents, P&C carriers, and the old Life Underwriters Association, which is now NAIFA) were able
    to help persuade the CA Legislature that a
    Fire Moratorium was not good for anyone, and that an entity like the CEA would help
    spread the risk for all; a win-win outcome



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