State Fund

Texas, Louisiana Firms Hiring for Calif. Agency

May 5, 2013
If you want a job investigating workers’ comp claims for the largest insurance company owned by the state of California, send your résumé to businesses in Texas and Louisiana.

The State Compensation Insurance Fund — the self-described biggest workers’ compensation insurance company in California — hired corporations in the two Southern states to subcontract private investigator jobs back in California.   Read more...

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Want this state job? Apply to Texas

May 5, 2013
If you want a job investigating workers’ comp claims for the largest insurance company owned by the state of California, send your résumé to businesses in Texas and Louisiana.

The State Compensation Insurance Fund — the self-described biggest workers’ compensation insurance company in California — hired corporations in the two Southern states to subcontract private investigator jobs back in California.  Read more...

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John Moore named to Cotati City Council vacancy

March 14, 2013
The Cotati City Council unanimously voted to appoint John Moore as the new city councilman Wednesday.

Moore, an insurance executive with the Rohnert Park branch of the State Compensation Insurance Fund, was one of nine applicants for the position.  Read more...

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Traveling nurses company owes $555,327 in workers comp says court

November 6, 2012
ReadyLink HealthCare Inc. of Thousand Palms owes State Compensation Insurance Fund an additional premium of $555,327 based on State Fund’s determination that ReadyLink’s per diem payments to traveling nurses counted as payroll, the California Second District Court of Appeal has ruled.  Read more...
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State Fund plans $100 million dividend

October 8, 2012
The State Compensation Insurance Fund approved a dividend to policy holders as well as a rate reduction.

On Friday, the quasi-public workers’ compensation insurer announced the $100 million dividend to qualifying policyholders. It comes out to about 10 percent of a policyholders’ premium.  Read more...

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State Fund OKs $100 million dividend for 2012, cuts rates for 2013

October 5, 2012
The State Compensation Insurance Fund's board of directors has approved a $100 million dividend to be divvied up among qualifying 2012 workers' compensation policyholders.  Read more...
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Rate reduction OK’d by State Fund

October 5, 2012
The California State Compensation Insurance Fund’s Board of Directors has approved a 7 percent insurance premium rate reduction that will apply to the filing currently under review by the California Department of Insurance and is expected to take effect in the first quarter of 2013.  Read more...
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Central Valley family members convicted in workers’ comp fraud

October 4, 2012
Jerry Buffington, 69, and his daughter, Cynthia Russell, 47, both of Bakersfield have pleaded guilty in Kern County Superior Court to workers' compensation insurance premium fraud and tax evasion, according to state Insurance Commissioner Dave Jones.

They have been ordered to pay restitution to State Compensation Insurance Fund in the amount of $475,100 and $127,899 to the Employment Development Department. Both have been ordered to serve 10 years probation.  Read more...

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State Fund close to cutting 2,900 jobs without layoffs

September 29, 2012
State Compensation Insurance Fund will have whacked nearly 40 percent of its workforce by the end of the year after two years of trims intended to cut 2,900 jobs.  Read more...
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Solano Workforce Investment Board scores $340,000 grant

July 25, 2012
Thanks to a grant secured by the Workforce Investment Board of Solano County, 55 people who were laid off from the State Compensation Insurance Fund office in Vacaville will get training and help finding work.  Read more...
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Budget ends furlough protections for State Compensation Insurance Fund employees

July 5, 2012
California's state attorney's union launched its furlough agreement ratification today.  Read more...
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State Fund files first-ever tiered rating plan

June 21, 2012
The massive workers compensation insurance company State Compensation Insurance Fund says it will start using its first-ever tiered rating plan.  Read more...
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Security breach potentially affects Solano County IHSS clients, caregivers

May 17, 2012
The State Department of Social Services was informed by Hewlett Packard on Wednesday, that part of a data shipment containing October to December 2011 payroll data for Solano In-Home Supportive Services providers was missing. The shipment was mailed through the U.S. Postal Service to the Riverside office of the State Compensation Insurance Fund and could impact 701,000 individuals.  Read more...
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Data of supportive services providers lost

May 12, 2012
California officials are notifying hundreds thousands of people who provide in-home supportive services that a portion of a data shipment containing their confidential information has disappeared.

A spokesman for California Department of Social Services says the department is mailing letters to 701,000 service providers that a package containing their Social Security numbers, how much money they were paid by the department over a three-month period last year and other information was lost.

Spokesman Oscar Ramirez says the department was notified Wednesday by Hewlett Packard that a   Read more...

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California authorities lose data for 700K-plus home-care workers, recipients

May 11, 2012
Authorities have lost personal information for hundreds of thousands of Californian home-care workers and recipients, the Los Angeles Times reported, citing an internal government email.

A news release issued late Friday by the California Department of Social Services said, "The information was in a package that was damaged in transit between a Hewlett Packard processing center and the State Compensation Insurance Fund.   Read more...

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Business owner faces insurance-fraud charges

May 2, 2012
A construction business owner is scheduled for arraignment Wednesday on charges that he under-reported over $3.5 million in payroll to his workers' compensation insurance carrier.   Read more...
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State Fund won't lay off workers after all

April 25, 2012
California’s State Compensation Insurance Fund doesn’t need to lay off some 1,500 workers — including Sacramento staffers — after all.  Read more...
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Buyout packages help California agency avoid layoffs

April 24, 2012
Hundreds of California state jobs that were on the chopping block have been spared.

The State Compensation Insurance Fund avoided the move after a buyout program in which nearly 1,000 workers at the quasi-governmental agency took severance pay and renounced their civil service rights.   Read more...

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State Compensation Insurance Fund cancels layoffs in Redding

April 24, 2012
State Compensation Insurance Fund has canceled its plans for layoffs.

The quasi-public workers' comp carrier announced last year that it would layoff 32 people in Redding, or 15 percent of its workforce at the Shasta View Drive office.  Read more...

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California state insurance agency cancels layoff plans

April 23, 2012
Hundreds of state jobs that were on the chopping block have been spared, according to an e-mail sent to State Compensation Insurance Fund employees this morning.

State Fund President and CEO Tom Rowe's message to staff said that 1,300 workers have left since last fall's announcement that the quasi-public agency would shed between 1,500 and 1,800 jobs.   Read more...

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State Fund looks to cut $350 million

April 20, 2012
The State Compensation Insurance Fund is in the midst of a major consolidation expected to shave $350 million in annual expenses, as the workers’ compensation insurer saw its premium volume dip once again in 2011, to just over $1 billion.  Read more...
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State Fund looks to cut $350 million

April 20, 2012
The State Compensation Insurance Fund is in the midst of a major consolidation expected to shave $350 million in annual expenses, as the workers’ compensation insurer saw its premium volume dip once again in 2011, to just over $1 billion.  Read more...
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State Compensation Insurance Fund OKs staff bonus program

February 28, 2012
Despite an unprecedented downsizing that has cut jobs and emptied out agency offices around California, the State Compensation Insurance Fund's board of directors has OK'd a new incentive bonus program for employees.  Read more...
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In a crunch, State Fund targets small businesses

February 24, 2012
The State Compensation Insurance Fund ... has taken its hunt for cash into the courts, suing mom-and-pop contractors and billion-dollar companies alike in the Tri-Counties.  Read more...
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State Fund pays out $30 million; 705 jobs still on chopping block

January 24, 2012
State Compensation Insurance Fund has paid $30 million to 971 state employees who agreed to leave the agency by Dec. 31 and give up their preferential rights to other state government jobs.  Read more...
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State Fund cutting Stockton work force

January 11, 2012
State Compensation Insurance Fund, the workers' compensation company authorized by California law, will lay off 57 employees at its Stockton office by late April, officials confirmed Tuesday.   Read more...
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State Fund to cut 256 jobs at its Pleasanton headquarters

January 11, 2012
The State Compensation Insurance Fund also known as State Fund, plans to eliminate close to 500 jobs at its offices throughout the Bay Area as part of a statewide reduction in force that could see as many as 1,400 of its employees receiving pink slips.  Read more...
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Workers' comp insurance firm to slash Bay Area jobs

January 9, 2012
State Compensation Insurance Fund will eliminate 484 Bay Area jobs -- more than half of them in Pleasanton -- by April, part of an overall reduction of slightly more than 1,400 jobs statewide.

In the Bay Area, the hardest-hit locations will be Pleasanton and Vacaville, although dozens of jobs will also be eliminated in San Jose, the Santa Rosa area and Stockton.  Read more...

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State Fund to cut jobs in Vacaville

January 7, 2012
State Compensation Insurance Fund will eliminate 1,400 jobs statewide -- including 130 in Vacaville -- by April, the insurer said Thursday.   Read more...
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State Compensation Insurance Fund to cut 484 jobs in Bay Area

January 7, 2012
State Compensation Insurance Fund said Thursday it is planning to cut 1,400 jobs in the state, including 484 in the Bay Area, the Contra Costa Times reports.   Read more...
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