Citing a serious illness in her family, State Compensation Insurance Fund President Jan Frank has tendered her letter of resignation to the carrier's board of directors. Frank will stay on the job though October 23, which will allow the carrier to appoint an interim president and CEO without any lapse in leadership.

State Fund's next board meeting is October 21.

Frank joined State Fund just over two years ago, having been recruited away from CNA Financial. In her time at the quasi-governmental agency Frank was instrumental in leading a turnaround in the carrier's corporate culture - a job that is well on its way, but not yet complete. Key advancements include the expansion of its management team to bring in industry professionals from outside the organization and the application of new public accountability standards.

We wish Frank and her family all the best.

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