John Putnam, SCIF executive vice president, is retiring after 27 years with the carrier. He is the fourth member of SCIF’s eight-member executive committee to leave since allegations of scandal, mismanagement and conflicts of interest surfaced early last year. Selected for the executive committee by former president Jim Tudor, Putnam counts as one more member …
Editor’s Note: As Workers’ Comp Executive readers know, the first hints of scandal at California’s State Compensation Insurance Fund were published here: first the conflict-of-interest stories about the board, then, among others, stories about political misuse of group fees. As a result of these stories, two members of the board of directors left under a …
In what can be called not a hugely unexpected turn of events for those watching the situation at scandal plagued State Compensation Insurance Fund, Charles Savage has been terminated as Vice President for Legal. He is the most recent to go. He has accepted a lesser job at the carrier. While State Fund officials indicate …
Given the recent news, one might think that the troubles at State Compensation Insurance Fund are over. Senior officers, including the president, have been dismissed, and industry veteran Lawrence Mulryan has been appointed as an interim leader. Once the major newspapers caught up with us and wrote the story, the legislature got into the act …
Against a backdrop of a possible criminal investigation into State Compensation Insurance Fund, the State Senate is about to hold hearings to look into the continuing scandal. An investigative hearing has been called for Wednesday by Sen. Michael Machado (D-Linden) at the request of Senate President Pro Tem Don Perata (D-Oakland). In addition, Perata replaced …
State Compensation Insurance Fund’s board of directors, at the onset of what promises to become a bigger scandal, has fired the insurer’s president, Jim C. Tudor, and his long-time ally Renee Koren. She was vice president of group insurance programs. The firings come on the heels of an internal investigation ordered by the governor’s office. …
Editorial: CHP Taking Taxpayers for a Ride It is clear that the public has been ripped off in the California Highway Patrol’s “Chief’s Disease” scandal, but will anyone other than …
Federal Jury Acquits Ohio Brokers in Bribery Case After less than three hours of deliberations, a federal jury acquits two Cleveland-area brokers of conspiring to bribe Terry Gasper, the former …