Monthly Archives: August 2017
Policyholders Can Ease Their Cash Flow with Improved Payment Options and Lower Deposits
We are introducing significant improvements to our billing terms and payment options to make it easier for policyholders to manage their cash flow and do business with us. Specifically, we are going to allow more policyholders to take advantage of … Read more
Help Your Clients Lower Their Claims Costs through Timely Reporting of Claims
Reporting claims timely has been proven to reduce costs. Claims costs generally rise as lag time increases between date of knowledge and date reported. In some cases the costs of claims can double. Here are some simple and effective steps … Read more
Fighting Criminal Fraud Pays Off
In 2016, State Fund successfully resolved two Racketeering Influenced and Corrupt Organizations Act (RICO) suits. These suits were filed in 2013 to expose and prosecute a complex fraud scheme being perpetrated by a number of medical vendors in the California … Read more
Receive Your Commission Payments Faster
How would you like to receive your commission payments faster and have it directly deposited into your brokerage’s bank account? Now you can with State Fund’s Electronic Funds Transfer Authorization. Say goodbye lost checks in the mail and having stop … Read more
Broker Spotlight – Terry Stotka, DHW Insurance Brokers
“If you operate a business, you will–at some point–have a workers’ compensation claim.” That’s a message broker Terry Stotka reminds his clients of on a regular basis. “So let’s make sure you have the best program,” he said. “And … Read more