Earthquake Insurance Affordability Act may become higher priority

earthquake

A couple of California Senators have issued a letter calling for a hearing on the law following the recent quake. In response to the quake that shook the Napa Valley near the end of last month, which has recently caused President Obama to declare the situation to be a major disaster, two senators are now calling for a hearing that will focus on the Earthquake Insurance Affordability Act. The two senators that issued the news release are Dianne Feinstein (D-CA) and Senator Barbara Boxer (D-CA). The two senators are hoping…

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Disaster recovery cost reduction efforts receive applause from California Earthquake Authority

U.S. Rep. John Campbell (R-48), from California, has received praise from the California Earthquake Authority, for his introduction of H.R. 3125, which was legislation to pair with S. 637, that was introduced by U.S. Sen. Dianne Feinstein, earlier in 2011.  Together, the two bills will work to bolster the system for natural disaster recovery in the United States, by setting the Earthquake Insurance Affordability Act (EIAA) into effect.  CEO Glen Pomeroy from the California Earthquake Authority, has announced his gratitude to Sen. Feinstein and Rep. Campbell for the bipartisan efforts…

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