The insurance industry’s domination by baby boomers is coming to an end, yet almost 70% of brokerages do not have an active succession plan in place. Are you part of that statistic? If so, you may want to start planning … Read more
State Fund will be attending two upcoming Independent Insurance Agents and Brokers of California – IIABCal conferences which may leave you energized, inspired, invigorated, and tanned! InsurePATH, January 31st – February 2nd, 2018 in Fresno. Attendees can learn from experts about proven strategies … Read more
State Fund is listening. Our annual “Voice of the Customer” survey is one way we can use your feedback to improve our services and better meet your needs. The survey was released in early October. We encourage you and your … Read more
AB 2883 legislation put us all in overdrive making sure our clients understood the bill’s impact, and took action accordingly to verify employee/owner status. Your partnership in helping our policyholders achieve compliance was critical and greatly appreciated. We were all … Read more
#1 – No Check? No Problem! Bind that Business! Earlier this year State Fund enhanced and streamlined our new business bind process by no longer requiring copies of checks to bind policies for brokered accounts. Now, to bind a policy … Read more
A massive and complex fraud involving approximately 51,000 injured workers, crooked attorneys, medical doctors, chiropractors, and marketers has resulted in significant indictments and convictions earlier this year, and is beginning to move into the sentencing phase. For the past few … Read more
What if no one ever got hurt on the job? That possibility drives and inspires us. State Fund’s loss prevention experts are passionate about creating safer workplaces and helping employers make educated decisions to help control costs. Our industry-leading loss … Read more
Is the clock ticking for you to complete your twenty four (24) hours of continuing education to renew your license? California Dept. of Insurance (CDI) recommends completing the required continuing education hours at least 60 days prior to license expiration … Read more
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
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