State Compensation Insurance Fund News

California State Fund Reports Drop in Net Premiums

California’s State Compensation Insurance Fund released its annual report on Thursday showing just over $1 billion dollars in net premiums earned, a drop from 2010’s figures. State Fund reported adjusted actual net premiums earned of $1.002 billion for the year. …

California’s State Fund Names Welsh Chief for Workplace Safety

California’s State Compensation Insurance Fund on Friday named Len Welsh head of workplace safety. Welsh is charged with directing State Fund’s strategies to advance occupational safety and health in California’s workplaces. He will focus on developing methods for improving safety …

California’s State Fund Declares $50 Million in Dividends for Policyholders

California’s State Compensation Insurance Fund on Friday announced plans to disburse a $50 million dividend to qualifying policyholders in the form of a premium credit amounting to roughly 5.2 percent of estimated annual premium for the 2011 policy year. The …

State Fund Announces Rate Filings, Incentives for California Farm Bureau

The government-controlled State Compensation Insurance Fund announced it has filed a new rating plan with the California Department of Insurance. The plan adopts the Workers’ Compensation Insurance Rating Bureau’s rate adjustments for new and renewed policies effective Dec. 1, 2011, …