2002: Gov. Gray Davis signs AB 749, which increases benefits, cuts fees for medical treatment, establishes the position of court administrator, adds labor members to Fraud Assessment Commission, increases penalties for fraud, requires return-to-work program, and requires fee schedules for drugs and ambulatory surgical facilities.

2003: As result of the severe underpricing since 1995 spurred by open rating, 28 private carriers have either suffered insolvency or have stopped writing workers’ compensation policies in California. We step in, fulfilling our state constitutional mandate to provide an available market, and write policies for many thousands of employers unable to find coverage elsewhere.

2004: Gov. Arnold Schwarzenegger signs an urgency statute, SB899, that amends, repeals, reenacts or adds over 60 Labor Code sections.

Dianne C. Oki becomes our President and CEO, replacing Kenneth C. Bollier.

We mark our 90th year of providing workers’ compensation insurance to California businesses and their employees.

2005: We establish an enhanced Medical Provider Network to comply with 2004 reform provisions. The new MPN increases access to medical treatment for injured workers and reduces medical treatment costs for employers. More than 10,000 health care providers at 10,000 facilities become part of MPN.

After a 37-year career with us, Dianne Oki announces her retirement. James C. Tudor is named President and CEO.

2006: Competition returns to California’s workers’ comp market as savings from 2004 reform materialize. We begin to shed market share, increase reserves and surplus and strengthen our financial position.

The Board of Directors launches thorough internal review of operations and management operations. Two members resign from our Board of Directors over conflict of interest concerns.

Web-based service tool “State Fund Online” is launched to give brokers, policyholders and group administrators online access to claims and policy information.

2007: On the heels of an internal investigation, Lawrence Mulryan, former director of the California Insurance Guarantee Association, is named Interim President and CEO.

The Board of Directors appoints Janet Frank as President and Chief Executive Officer. We begin transformative change as we strengthen corporate governance and focus on improving transparency and accountability within the organization.

We expand an employer education and outreach program, delivering hundreds of free health and safety seminars to employers throughout California.

2008: The Legislature passes governance laws that expand our Board of Directors, create additional exempt executive positions and make State Fund subject to California Public Records and Bagley-Keene Opening Meeting Acts.

We open a new “green” campus facility in Vacaville showcasing sustainable resources and cost-effective innovative technology to help reduce energy consumption, shrink carbon footprint, and introduce more environmentally friendly practices into the workplace.

We establish a Public Record Office to respond to public’s requests for information. Board of Directors holds first public meeting under the Bagley-Keene Open Meeting Act.

2009: We're awarded an “A” grade by the Workers’ Compensation Insurance Rating Bureau for our exceptional premium-audit function. The award means a two-year exemption from audits by the WCIRB.

President and CEO Jan Frank resigns for personal reasons. The Board appoints Chief Risk Officer Doug Stewart as Interim President and CEO.

We launch a new advertising campaign: "Together, we'll help keep California working."