state compensation insurance fund State Fund will issue dividend to non-renewing policyholders after all - The Business Journal
State Fund will issue dividend to non-renewing policyholders after all - The Business Journal
With some urging from state regulators, California State Compensation Insurance Fund will allow non-renewing policyholders to partake in the $50 million dividend that the insurer is issuing. State Fund, which is California’s largest provider ... link to website
Workers' comp credit requirement waived - Sacramento Bee
The quasi-public State Compensation Insurance Fund, which bills itself as California's largest workers' compensation insurance carrier, has eliminated a requirement to disburse a $50 million dividend to qualifying policyholders in the form of a ... link to website
State Fund Dividend Plan to Include Non-Renewing Policies - Yahoo Finance
... President has described the dividend as a down payment on State Fund's continued commitment to help California employers manage the cost of their workers' compensation insurance. State Fund announced a zero-net increase in its most ... link to website
Court OKs AIG's $450 mln workers comp settlement - International Business Times
allowing it to shortchange state insurance pools by making lower contributions. Rivals claimed the understatements dated back to the 1980s. Many states require firms that sell workers compensation insurance to also fund pools to cover injuries ... link to website
State Fund Plans 'Dividend' to Employers - Los Angeles Business Journal
In a Christmas gift to thousands of employers in Los Angeles County and across the state, State Compensation Insurance Fund has agreed to return $50 million to most of its policyholders throughout the next year. San Francisco-based State Fund is ... link to website
Willis Completes $200 million ‘Golden State Re’ Cat Bond for State Fund - Insurance Journal
Willis Capital Markets & Advisory (WCMA), part of Willis Group Holdings, announced it has structured and placed a $200 million catastrophe bond transaction for the California State Compensation Insurance Fund. The Golden State Re Ltd ... link to website
State Fund to cut 15% of jobs; first layoffs in Redding expected at end of year - Record Searchlight
Original version of this story had wrong number. State Compensation Insurance Fund will eliminate 15 percent of its workforce in Redding by April, the company said Wednesday. The quasi-public workers' comp carrier plans to lay off 32 of the 213 ... link to website
Willis Capital Markets & Advisory Completes Innovative $200 million 'Golden State Re' Cat Bond for State Fund. - All Business
today announced that it has structured and placed a $200 million catastrophe bond transaction for the State Compensation Insurance Fund ("State Fund"), the largest writer of workers' compensation business in California. The Golden State Re Ltd. transaction ... link to website
Workers compensation fraud costs $5 billion - Scranton Times-Tribune
The National Insurance Crime Bureau estimates workers' compensation insurance fraud costs insurance ... the former director of confidential investigations at the New York State Insurance Fund. Mr. Friedlander said fraud can be fought by ... link to website