Anatomy of the Downfall of a Recalcitrant Management

State Fund Group Administrators Paid $500 Million

By: Nils Wright

State Compensation Insurance Fund has paid out more than $500 milllion in fees to its administrators, payments the company wont' disclose. That is the tip of the iceberg in this saga of the vast amounts of money involved in these programs that led to the firing of State Fund's president, Jim Tudor. Read all about it in this week's issue.

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