State Fund Tea Party Boils Over

By J. Nils Wright, Executive Editor The resignations of two members of State Compensation Insurance Fund’s board of directors last month, presumably at the behest of the governor’s office over concerns of possible conflict of interest, were an initial peek into the Wonderland of State Compensation Insurance Fund safety groups. The resignations from the state’s … Read More »

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News Digest 11/30/2006

Zenith Announces Sixth Straight Rate Cut Woodland Hills-based Zenith National Insurance Corp., California’s largest private-sector insurer of injured workers, announces that it will lower workers’ comp rates by an average … Read More »

News Digest 11/29/2006

State Fund Announces Seventh Straight Rate Cut State Compensation Insurance Fund files 2007 workers’ compensation insurance rates calling for a 9 percent average decrease in collectible premium. The new rates … Read More »

State Fund Announces Seventh Straight Rate Cut

State Compensation Insurance Fund files 2007 workers’ compensation insurance rates calling for a 9 percent average decrease in collectible premium. The new rates will affect new and renewal workers’ compensation policies with an effective date on or after January 1, 2007 and mark the insurer’s seventh consecutive rate reduction. Small employers—those with annual premiums between … Read More »

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News Digest 11/28/2006

Audit Finds Questionable Spending at N.D. Workers’ Comp Agency Workforce Safety and Insurance, North Dakota’s workers’ compensation agency, overlooked state contracting and procurement rules, hired unqualified employees, and put its … Read More »

News Digest 11/21/2006

Shasta Builders’ Exchange CEO Takes Self ‘Out of the Picture’ Kent Dagg, chief executive officer of Shasta Builders’ Exchange, says he resigned his State Compensation Insurance Fund directorship to focus … Read More »

News Digest 11/20/2006

SCIF Confirms Vacaville Site State Compensation Insurance Fund confirms that it will move hundreds of workers from San Francisco to a Vacaville site near the intersection of highways 80 and … Read More »

News Digest 11/17/2006

A.M. Best Upgrades Majestic’s Financial Strength Rating A.M. Best Co. upgrades the financial strength rating of Majestic Insurance Company to A- (Excellent) from B++ (Very Good), removes the ratings from … Read More »