SAN FRANCISCO -- State Compensation Insurance Fund's Board of Directors today announced they have appointed James C. Tudor as Acting President. Tudor has served as Executive Vice President since January 1, 2003. When Dianne C. Oki announced her retirement earlier this month, Board Chair Jeanne Cain announced that a nationally recognized consultant had been hired to search for a new president and to review State Fund's operations. Cain said that process is ongoing.

Tudor has served for ten years on State Fund's Executive Committee and brings 34 years of workers' compensation insurance experience to the organization's top post.

"Jim Tudor has played an important role in enabling State Fund to maintain its financial strength through what has been the most tumultuous period in the history of California's workers' compensation system," said Cain. "Jim's expertise and remarkable dedication to our mission helped State Fund meet many organizational and system challenges."

During his tenure on the Executive Committee, Tudor engineered and managed technological initiatives, including creation of statewide regional service networks, which enhanced State Fund's operational efficiencies and was instrumental in establishing the State Fund's broker program.

Contact:

• Ron Christensen (415) 565-1065
• Vicente Hernandez (415) 565-1683
• Jim Zelinski (For State Fund)
  (415) 882-7787 or (415) 420-6050

ABOUT STATE FUND: Created by the California Legislature in 1914, State Fund is a nonprofit, self-supporting, public enterprise that operates like a mutual insurance carrier that guarantees a permanent workers’ compensation insurance marketplace for California employers. State Fund has acted as both a moderating and stabilizing influence on the workers’ compensation market.