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, .
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.
NAIC Victim of Cyber Incident Via PeopleSoft System
How Insurers Know When It’s Time to Scale AI
Zurich Sees Data Center Boom Spurring Insurance Securitization
Trump Administration Backtracks on Removing Ocean Sensors 

