November 15, 2013
Two top executives at California’s State Compensation Insurance Fund have resigned. State Fund President and CEO Tom Rowe and Chief Financial Officer Dan Sevilla will resign from State Fund, the board of directors for California’s largest worker’s compensation provider announced …
July 2, 2013
California’s State Compensation Insurance Fund will begin issuing $100 million worth of dividend payments to eligible policyholders in early July, the state’s largest workers’ compensation insurer announced on Tuesday. The dividend be paid on the 2012 policy year, and eligible …
June 25, 2013
State Compensation Insurance Fund named Dr. Dinesh Govindarao as its new chief medical officer. The move is effective July 8. As chief medical officer, Govindarao will represent State Fund as an advocate for California injured workers. His duties include providing …
February 14, 2013
State Compensation Insurance Fund named Beatriz Sanchez as chief operating officer. State Fund’s Board of Directors confirmed Sanchez’s appointment at its first meeting this year and named her to the post on Thursday. Beatriz will provide leadership and oversight to …
December 19, 2012
Editor’s Note: This is the fourth in a series of articles to look at California’s workers’ compensation reform law, which takes effect Jan. 1, 2013. Insurance carriers, along with the many stakeholders who are watching and waiting as California’s workers’ …
October 5, 2012
California’s State Compensation Insurance Fund’s board voted on Friday for a 7 percent decrease in its 2013 rates, a move that reflects State Fund’s anticipated savings from a workers’ compensation reform law set to take effect on Jan. 1, 2013. …
October 5, 2012
Jerry Buffington, 69, and Cynthia Russell, 47, have pled guilty in Kern County Superior Court to one count each of workers’ compensation insurance premium fraud and eight counts each of tax evasion and were ordered to pay restitution to California’s …
August 20, 2012
California’s State Compensation Insurance Fund named Marjorie Hutchings its Chief Information Officer. Hutchings, who was senior vice president for infrastructure engineering at State Fund, will transition to her new role as chief of the division that provides IT operations support …
July 10, 2012
A statewide joint task force in the fight against California’s underground economy has netted contractors allegedly operating illegally, resulting in 104 enforcement actions, California Insurance Commissioner Dave Jones announced. Detectives from the California Department of Insurance (CDI), the Contractors State …
June 21, 2012
State Compensation Insurance Fund has filed its first tiered rating plan with the California Department of Insurance. The plan, which would apply to policies renewing or incepting on or after Sept. 1, is a move to expand State Fund’s range …