Senate Passes Bill Requiring Policyholder Serve as State Fund Director

The California Senate passed a bill that would require the governor to appoint to the State Compensation Insurance Fund board of directors a small-business owner who is insured by the state-chartered carrier. The Senate on Monday voted 38-0 to pass AB 61, by Assemblyman Chris Holden, D- Pasadena, which would require that the governor nominate as a State Fund director a person with five years of experience running a small business. The bill would also require the small-business appointee be a State Fund policyholder in the year preceding the appointment and remain a policyholder while serv...