News from State Compensation Insurance Fund A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages.

Latest

Sep 26, 2014, 14:00 ET State Fund Selects Chief Financial Officer

 State Compensation Insurance Fund has appointed Peter Guastamachio as its Chief Financial Officer (CFO). Guastamachio had been acting CFO...


May 27, 2014, 16:00 ET State Fund's Board Names Vernon Steiner New President and CEO

The State Compensation Insurance Fund Board of Directors announced today it has appointed Vernon Steiner as President and CEO. Steiner joins State...


May 06, 2014, 14:00 ET 2013 State Fund Annual Report Released

 State Compensation Insurance Fund's 2013 Annual Report, released on its Web site today, shows an increase in net premiums to more than one...


Nov 15, 2013, 15:33 ET Change in Leadership at California State Fund

At its meeting today, the State Fund Board of Directors announced that Tom Rowe, CEO and President, and Dan Sevilla, CFO, will resign from State...


Jul 02, 2013, 12:00 ET State Fund Begins Distributing $100 Million Dividend

State Fund will begin issuing dividend payments to eligible policyholders in early July. The $100 million dividend will be paid on the 2012 policy...


Jun 25, 2013, 15:21 ET State Fund Selects New Chief Medical Officer

State Compensation Insurance Fund (State Fund) has selected Dr. Dinesh Govindarao as its new Chief Medical Officer for the organization effective...


Apr 03, 2013, 11:44 ET State Fund 2012 Annual Report Now Online

State Fund's Annual Report for 2012 was released online today. The report shows a significant increase in net income for California's largest...


Feb 14, 2013, 18:41 ET State Fund Names Beatriz Sanchez as Chief Operating Officer

 State Compensation Insurance Fund today announced the appointment of Beatriz Sanchez as its Chief Operating Officer (COO). State Fund's Board...


Sep 04, 2012, 12:19 ET State Fund Remodels Broker Distribution, Announces 'Access State Fund'

State Compensation Insurance Fund today announced a major change to its broker distribution model, effective January 1, 2013. Under the new model,...


Aug 20, 2012, 17:09 ET State Fund Taps Marjorie Hutchings as Chief Information Officer

 State Compensation Insurance Fund today announced the selection of Marjorie Hutchings, a versatile infrastructure engineering and internet...


Jul 27, 2012, 13:56 ET State Fund Issues First Dividend in Over Ten Years

State Compensation Insurance Fund (State Fund) began issuing dividend payments to eligible policyholders—the first time in a decade. The...


Jun 21, 2012, 12:31 ET State Fund Files First-Ever Tiered Rating Plan, Zero Net Increase in Overall Rates

 State Compensation Insurance Fund today announced its first-ever tiered rating plan has been filed with the California Department of...


Apr 12, 2012, 14:15 ET State Compensation Insurance Fund of California Announces 2011 Annual Report Now Online

State Fund's 2011 Annual Report debuted online today.  The report reveals that State Fund ended 2011 with just over $1 billion dollars in net...


Dec 09, 2011, 22:43 ET State Fund Board of Directors Special Meeting

      Pursuant to Government Code sections 11123(b), 11125.4(a)(1), and 111126(e) the State Compensation Insurance Fund...


Nov 18, 2011, 17:11 ET State Fund Appoints Len Welsh as Chief for Workplace Safety

State Compensation Insurance Fund announced today that it has appointed Len Welsh as the head of workplace safety for the organization. Welsh will...


Jul 12, 2011, 14:43 ET State Fund Wins Four Communications Awards

State Compensation Insurance Fund announced today that it received several prestigious awards at the annual conference of the American Association...


Apr 01, 2011, 18:20 ET State Fund Announces 2010 Annual Report Now Online

State Compensation Insurance Fund announced today that it ended 2010 with $1.1 billion in net premium earned, and $171 million in net income. CEO...


Jan 21, 2011, 15:27 ET State Fund Appoints Two New Executive Officers

State Compensation Insurance Fund announced today the appointments of a new Chief Risk Officer and Chief Financial Officer, completing the search...


Jul 27, 2010, 12:27 ET State Compensation Insurance Fund Board Names Tom Rowe President and CEO

The Board of Directors of California's State Compensation Insurance Fund (State Fund) today announced it has named Thomas E. Rowe as President and...


May 05, 2010, 13:30 ET State Fund Announces Greater Underwriting Flexibility to Reward Better-Performing Accounts

State Compensation Insurance Fund today announced it will hold the line on any increase in collectible premium and not file for a mid-year rate...


Mar 12, 2010, 09:00 ET State Fund's 2009 Financial Results

In a report to more than 4,000 California brokerages that do business with State Fund, Doug Stewart, Interim President and CEO of State...


Feb 18, 2010, 16:15 ET State Fund Launches Refreshed Web Site, New URL

State Compensation Insurance Fund, California's largest provider of workers' compensation insurance, today launched its redesigned Web site on a...


Feb 12, 2010, 15:08 ET State Fund Executive to Lead Workers' Compensation Fraud Assessment Commission

State Compensation Insurance Fund today announced that Lisa Middleton, Senior Vice President of Internal Affairs, was elected chair of the Workers'...


Oct 21, 2009, 17:29 ET State Compensation Insurance Fund Board Appoints Doug Stewart Interim President and CEO

The Board of Directors of State Compensation Insurance Fund today announced that it has appointed Doug Stewart, Chief Risk Officer, as...


Sep 24, 2009, 12:57 ET State Fund President and CEO Janet D. Frank Resigns

The Board of Directors of State Compensation Insurance Fund today announced that it has received and accepted the resignation of President and...