The Utah Supreme Court has ruled that the Workers' Compensation Fund is owned by its policyholders and not the people of the state of Utah.Yesterday, the Court, in the closely watched battle over the cash-laden assets of WCF, upheld 3rd District Judge Timothy Hanson's ruling that the state has no ownership in Workers Compensation Fund (WCF) other than as policyholder. WCF sued the state in 2003 seeking a declaration as to who owned what. At issue at that time was a privatization plan proposed by Senator Curtis Bramble, who had originally proposed that the Fund pay the state $50 million to be ...
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