Viewpoint: Earthquake Insurance and Surplus Lines: Clarifying a Legal Grey Zone

Elizabeth Tosaris calls attention to a fast-evolving issue in her most recent article published in Insurance Journal. As admitted insurance carriers retreat from the California marketplace and surplus lines expand, must surplus lines carriers offer earthquake coverage with residential property policies? In “Viewpoint: Earthquake Insurance and Surplus Lines: Clarifying a Legal Grey Zone,” Elizabeth walks through the California Insurance Code, prior CDI opinions, and current market practice—and makes a compelling case for regulatory clarity.