They hope they won’t have to wait long, but brokers and those organizations representing brokers and the interests of their clients will keep pushing State Compensation Insurance Fund to compete fairly and provide a level playing field to its California employers and businesses.

Compline, the Alliance of Insurance Agents and Brokers and other associations have let the State Fund Board of Directors and newly minted State Fund President Tom Rowe know in no uncertain terms that it’s time to make a change.

Employers can choose to have brokers take over servicing the business for free, but brokers never earn a commission. As a result, many brokers stay away from the business, giving employers few if any carrier options beyond the services of State Fund. State Fund has acted poorly in this regard since it opened for broker business in 1994. State Fund’s direct business currently comprises just over 84,000 workers’ comp policies, down some 6,500 from a few months ago, and $440 million in premium.

The issue—brought to the forefront by Compline—has fired up producers in the state, and a coalition of broker groups hope to keep it alive. To see Workers’ Comp Executive reporting from the scene of the State Fund board meeting and additional information and reporting on BOR, click on the links below.  

Is Another Culture Change Coming at State Fund? 

BOR Presentation Made at State Fund Board Meeting 

State Fund Blows Off Broker-Client Ownership 

SCIF Broker Policy Unfair to Brokers and Employers 

Tips for Brokers on the Broker of Record