Kate Stillwell, founder and CEO of Jumpstart, is by background a civil engineer who has spent much of her career figuring out how to reduce damage and injury resulting from earthquakes. Along the way, she observed that communities that lack a genuine sense of community are more vulnerable to a slow or missing recovery than those that do.
She has created a new insurance program, available only in California, that triggers a $10,000 payout whenever an earthquake of a minimum impact is recorded. This puts money in the hands of the insured more quickly and enables them to start the recovery...
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