California's earthquake insurer said a government study, finding a high probability of a major earthquake hitting the state in the next 30 years, will be factored into the rates it charges.

California Earthquake Authority (CEA) said it would use the data released yesterday by the U.S. Geological Survey “in determining insurance rates and the most accurate prices for consumers.”

The CEA, the state authorized underwriter of residential earthquake insurance, called the study “the first statewide, uniform scientific system to determine the probability of earthquakes.”

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