SCIF Ops to be Subject of Garamendi Plans

John Garamendi, Insurance Commissioner of California, may be announcing action that will affect the State Compensation Insurance Fund next week, according to information received by workcompcentral.Last week, at the Burbank DWC Educational Conference, in his key-note speech, Garamendi specifically fingered SCIF, stating that "any organization that grows by 250% over the course of 2 years [such as SCIF] is going to have problems." The rumor is that Garamendi is particularly interested in SCIF's commission structure, which would imply that the Commissioner is concerned that SCIF's commissions ...