State Funds Circle Their Surplus Wagons as States Face Budget Problems

By: Workers' Comp Executive - The journal of record for the workers' comp community in California.

SAN FRANCISCO -- As states around the country try to deal with deficits in their general fund budgets due to a slowing economy, some legislatures are eyeing the surpluses of their state compensation insurance funds to defray fiscal shortfalls.Although attempts to grab state funds' surpluses are nothing new, this year politicians seem to be especially active on this front, state fund managers from around the country noted at a recent conference held by the American Association of State Compensation Ins

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