Schwarzenegger Appoints Three Members to State Fund Board
Gov. Arnold Schwarzenegger (R) on Tuesday appointed three new members to the five-member board of directors for the State Compensation Insurance Fund, the Sacramento Bee reports. The State Fund is the largest workers' compensation insurer in the state and provides coverage to more than 50% of the state's employers. Joining the State Fund board are:
- Jeanne Cain, a lobbyist for the California Chamber of Commerce and a former vice president of the American Insurance Association (Chan, Sacramento Bee, 7/7). Cain also was named chair of the board (Schwarzenegger release, 7/6);
- Kent Dagg, executive director of the Shasta Builders Exchange and creator of a workers' compensation insurance pool for builders in 1995; and
- Vincent Mudd, president and CEO of San Diego Office Interiors, a board member of San Diego Regional Economic Development and workers' compensation analyst for the San Diego Regional Chamber of Commerce (Sacramento Bee, 7/7).
Schwarzenegger said that "[r]einvigorating" the State Fund's board of directors "is the next step in achieving real workers' compensation reform for California's employers and workforce." He added, "It is essential that the board work toward creating an environment of increased competitiveness in the marketplace to lower insurance costs to businesses and attract more insurers to California" (Schwarzenegger release, 7/6). This is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.