California Earthquake Authority
$275M
earthquake
parametric
350 bps
HIGH
Parametric earthquake trigger fully modelable. CivilSense monitors USGS earthquake feed in real-time (2-minute latency). Magnitude, depth, and location matching is deterministic. California bounding box check is trivial.
Last reviewed: 5/10/2026
{
"type": "parametric_earthquake",
"description": "Earthquake exceeding magnitude threshold within California geographic box",
"measurement": {
"metric": "moment_magnitude",
"geography": "State of California",
"data_source": "USGS ShakeMap and NEIC earthquake catalog",
"bounding_box": {
"east": -114,
"west": -124.5,
"north": 42,
"south": 32.5
},
"depth_max_km": 40
},
"payout_schedule": [
{
"magnitude": 7,
"payout_pct": 25
},
{
"magnitude": 7.5,
"payout_pct": 50
},
{
"magnitude": 8,
"payout_pct": 100
}
],
"qualifying_conditions": [
"Epicenter within California state boundary",
"Hypocentral depth <= 40km",
"Magnitude per USGS final determination (may differ from preliminary)"
]
}No trigger evaluations yet. Evaluations are generated when matching events occur.
Questions about our catalog data? Calculation agents and sponsors can submit corrections to research@civilsense.io
For situational awareness only — not for investment decisions or emergency response. When available, CivilSense trigger evaluations are independent estimates and may differ from official calculation agent determinations.