We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Lawmakers To Inspect State Compensation Insurer

Law360 (March 23, 2007, 12:00 AM EDT) -- The head of the California Senate plans to take a closer look at the turmoil and a possible financial scandal at the State Compensation Insurance Fund, which dismissed its president and another senior official this week.

Senate President Pro Tem Don Perata, D-Oakland, said he intends to hold a hearing because California’s economy relies upon State Fund, which is operated by the state government and has more than $6 billion a year in premiums.

The San Francisco-based fund is responsible for providing 230,000 employers with employees’...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.