The California Earthquake Authority, the state’s quasi-private earthquake insurer, is planning to pay furlough back wages to current and former agency employees who lost salary to the policy, the Sacramento Bee is reporting.
CEA told the Bee that the agency would expand furlough lawsuit settlement terms reached with SEIU Local 1000 and California Attorneys, Administrative Law Judges and Hearing Officers in State Employment to non-represented staff.
CEA employs about 25 state civil service workers, and repaying them won’t come from the state budget, as CEA operates on money from investments and premiums, according to the Bee article.
Was this article valuable?
Here are more articles you may enjoy.
Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover
Valero Port Arthur Refinery Has Fire at Diesel Hydrotreater
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K
Jury Finds New Orleans Attorneys Guilty in Staged Auto Accident Scheme 

