Whispers and rumors of big changes at the State Fund of California have been swirling around for weeks now, but the real “facts” remained elusive. Yesterday, that all changed. The State Fund issued a press release announcing major changes, including office consolidations and a reduction in their downtown San Francisco Home Office presence. To read the full story, click here.
Today’s edition of WorkCompRecap has two other stories worth noting. The Texas Department of Insurance, Workers’ Compensation Division (TDI-DWC), announced the results of the latest Performance Based Oversight (PBO) assessment of insurance carriers in the workers’ compensation system. As you might expect, there are some winners, a handful of losers, and a big group in between. You can read the full report by following the links in our story below or by clicking here.
And finally, some welcome recognition for one of our workers’ compensation industry leaders. Eileen Auen, the Chairman and CEO of PMSI, was named to the Business Insurance “Women to Watch” list for 2010. You can read more about Eileen by clicking here, and learn more about the resurgence of PMSI by clicking here.
You can check out the rest of todays’ workers’ compensation related news at WorkCompWire.com
Have a great weekend.
Sincerely,
Patrick J. Sullivan
Managing Editor
WorkCompWire