Flash Report: Supreme Court Rebuffs California State Fund

The Supreme Court yesterday declined to review an Appellate Court ruling which holds that State Compensation Insurance Fund must be fair to California business. It's a case of the the same old SCIF managers doing the same old things they did during the Tudor regime. This time State Fund's actions have cost policyholders -- some 200,000 California businesses -- an estimated $10 each. Read how State Fund was unfair, to whom, and why it's a clear case of the same management including State Fund Board Chair Jeannie Cain, who is also executive vice president of the California Chamber of Commerce, doing the same things they always did, only with expensive outside lawyers. It's California business that loses click here to read the full story ...Read More...