Auditors Find Progress, but Still Problems, with State Fund Operations

State Compensation Insurance Fund has fixed many of the problems identified after the ouster of three top executives in 2007, but still needs to improve management of its vast fleet of automobiles and collect more documentation before approving contracts with vendors, according to the results of a performance review released Wednesday.The audit by RSM McGladrey states that State Fund has remediated 53 out of 110 negative findings made in a December 2007 audit by the California Insurance Department. State Fund partially remediated an additional 40 findings but has not yet addressed 17 issues id...