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#64 Glenn Pomeroy - California Earthquake Authority
Manage episode 187624853 series 1433683
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In September 2017, the National Flood Insurance Program received a 10-week reprieve from a $25 billion loan payment. The program is, quite literally, under water. In this episode, we speak with the CEO of another large, public, catastrophic loss insurer - the California Earthquake Authority - to hear how actuarial-based rates, only policy-holder financing and effective messaging is preparing millions of California homeowners for the next big earthquake.
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