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State Compensation Insurance Fund (California) Featured News > “SAN FRANCISCO…/PRNewswire/ -- State Compensation Insurance Fund today announced that Lisa Middleton, Senior Vice President of Internal Affairs, was elected chair of the Workers' Compensation Fraud Assessment Commission by unanimous vote. Middleton brings 35 years of experience in the workers' compensation insurance industry and offers firsthand knowledge of best practices in identifying, preventing and fighting fraud. In her new role, Middleton aims to increase the prosecution of fraud by improving fraud awareness and education, and enhancing collaboration with the Department of Insurance. Middleton has served as a member of the Fraud Assessment Commission since 2009. As head of State Fund's internal affairs, she is responsible for the Special Investigation Unit, Public Records Office, and Internal Audit department. During her tenure at State Fund, Middleton has assisted in the prosecution of more than 75 workers' compensation fraud cases and has held various management roles in the Los Angeles, San Bernardino, San Diego, San Francisco and Ventura offices…” > “The Board of Directors of State Compensation Insurance Fund today announced that it has appointed Doug Stewart, Chief Risk Officer, as president and CEO on an interim basis, replacing outgoing CEO Janet D. Frank. ‘The Board is very confident that Doug Stewart will provide solid leadership and a steady hand during this transition period,’ said Jeanne Cain, Board of Directors Chair. ‘As Chief Risk Officer for the past two years, Doug has played a significant role in State Fund's transformation and well understands our commitment to ensuring that State Fund remains a stable provider of workers' compensation insurance and a vital asset to the state's economy. Despite the significant economic challenges facing California, State Fund remains financially strong and poised to continue providing a guaranteed workers' compensation market to California's businesses. Doug Stewart is ideally suited to ensure we remain on course.’ Doug Stewart joined State Fund in a consulting capacity in November 2007 and was named Chief Risk Officer following passage of SB 1145. He brings more than 35 years experience in the insurance industry in the areas of claims, underwriting, marketing, sales, USL&H and risk management. The Board will begin a national search for a permanent president and CEO immediately.”
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