Posted On: May 7, 2008, 5:19 pm CDT

Posted By: Sell it ASAP!!

Hey Jimbo if you worked for a private WC carrier like Zenith you would understand there are major differences on how to handle WC insurance. SCIF does do a good job of brainwashing. Prior to you joining, your employer SCIF lost so much business in the early stages of open rating that they had to put on a hiring freeze and offered early retirement to cut expenses. When businesses have a choice it's not the SCIF that they pick.
Sorry, but what you get paid has nothing to do with having a state worker attitude. Let me ask you a question, If SCIF wanted brokers to help them why doesn't SCIF provide their policyholders with a copy of their ex mod worksheets automatically and encourage them to review them for accuracy? Brokers have to request it because SCIF does not want policyholders to question what they do as they will find they make coding mistakes, they overstate reserves, and purposely do this to obtain more premium. Is this how a State Agnecy should operate, purposely trying to make customers may more premiums? Placing business with SCIF is a last resort because of the way you do business which requires broker to do more work trying to fix the problems you created, and prevent their errors. It actually creates more work for brokers to place business with State Fund. By the way the SCIF efforts to keep ex mods higher by miscoding claims and over stating reserves helps to make the ex mod higher (and when they get it over 1.25%) they help to fund another state agency sister CAL OSHA. One state agency helping another! Claims case loads over 250 per examiner does not allow much opportunity for managing the claim aggressily or accurately. When is the last time they offered to do surveilance? Hey Jimbo think of it this way, if they sell it you mostly likely will have the opportunity to discover how real insurance companies operate and the difference will rock your world. One last question why does SCIF use the same loss run format that they have used since the 70's, when they could update and supply so much more information about the claim to their customers? Now you know why the legistature is expanding their BOD and taking control of this company. Sell it now while we can get some money to pay down our debt.