State Compensation Insurance Fund News

State Fund Selects New Chief Medical Officer

State Compensation Insurance Fund named Dr. Dinesh Govindarao as its new chief medical officer. The move is effective July 8. As chief medical officer, Govindarao will represent State Fund as an advocate for California injured workers. His duties include providing …

State Fund Names Sanchez Chief Operating Officer

State Compensation Insurance Fund named Beatriz Sanchez as chief operating officer. State Fund’s Board of Directors confirmed Sanchez’s appointment at its first meeting this year and named her to the post on Thursday. Beatriz will provide leadership and oversight to …

Carriers ‘Uncertain’ About California Workers’ Comp Reform

Editor’s Note: This is the fourth in a series of articles to look at California’s workers’ compensation reform law, which takes effect Jan. 1, 2013. Insurance carriers, along with the many stakeholders who are watching and waiting as California’s workers’ …

Calif. State Fund Board: Drop Rates 7%

California’s State Compensation Insurance Fund’s board voted on Friday for a 7 percent decrease in its 2013 rates, a move that reflects State Fund’s anticipated savings from a workers’ compensation reform law set to take effect on Jan. 1, 2013. …

Father and Daughter in Central Calif. Workers’ Comp. Fraud Must Repay Over $600K

Jerry Buffington, 69, and Cynthia Russell, 47, have pled guilty in Kern County Superior Court to one count each of workers’ compensation insurance premium fraud and eight counts each of tax evasion and were ordered to pay restitution to California’s …

State Fund Taps Hutchings as Chief Information Officer

California’s State Compensation Insurance Fund named Marjorie Hutchings its Chief Information Officer. Hutchings, who was senior vice president for infrastructure engineering at State Fund, will transition to her new role as chief of the division that provides IT operations support …

Calif. Joint Operation Targets Underground Economy

A statewide joint task force in the fight against California’s underground economy has netted contractors allegedly operating illegally, resulting in 104 enforcement actions, California Insurance Commissioner Dave Jones announced. Detectives from the California Department of Insurance (CDI), the Contractors State …

State Fund Files First Tiered Rating Plan

State Compensation Insurance Fund has filed its first tiered rating plan with the California Department of Insurance. The plan, which would apply to policies renewing or incepting on or after Sept. 1, is a move to expand State Fund’s range …

WIAA Adds State Fund to Workers’ Comp Portfolio

Rancho Cordova, Calif.-based WIAA Insurance Services, the agency arm of the Western Insurance Agents Association (WIAA), has expanded its carrier portfolio with the State Compensation Insurance Fund, of California’s largest provider of workers’ compensation insurance. The appointment not only offers …

Bay Area Business Owners, Employee Nailed For Workers’ Comp Fraud

Sied “Mike Zarrin” Zarrinsaray, 52, his wife Ronak Barazandeh, 43, the owners of United RMR Enterprises, Inc. of San Jose, were arrested for workers’ compensation insurance fraud, according to the California Department of Insurance. Also arrested was their employee, 40-year-old …