It depends on the platform and IOS release. There is the %ENTITY_ALARM-6-INFO syslog which signifies an entity change. This would come closest to the cefcModuleStatusChange trap.
Generally speaking, card insert and removal operations, the OIR syslog messages are supported across platforms:
%OIR-6-INSCARD : Card is inserted
%OIR-6-REMCARD : Card is removed
Other platforms and card types may provide additional details if a module fails (e.g. %FECPM-1-INITFAIL for a NM module in a 2600/3600).