SCIF to Shut 6 Regional Offices, Downsize HQ

By Greg Griggs, EditorThe California State Compensation Insurance Fund intends to shut six regional offices in the next three years and consolidate its underwriting and claims handling functions along with downsizing its San Francisco headquarters.State Fund, the largest workers' comp carrier in California, anticipates the actions will save the insurer at least $200 million in annual operating costs once the process is complete.About 1,400 of the carrier's 7,400 employees will be affected by the plan, which will bring the closure of offices in Burbank, Glendale, Oxnard, San Diego, San ...