BILL ANALYSIS                                                                                                                                                                                                    






                        SENATE COMMITTEE ON BANKING, FINANCE,
                                    AND INSURANCE
                           Senator Ronald Calderon, Chair


          AB 1447 (John A. Perez)  Hearing Date:  June 17, 2009  

          As Amended:June 4, 2009
          Fiscal:             Yes
          Urgency:       No
          

           SUMMARY    Specifies that the State Compensation Insurance Fund  
          is a state agency for purposes of the Bureau of State Audits and  
          its audit, evaluation and investigatory jurisdiction while  
          imposing a requirement that all State Compensation Insurance  
          Fund advertising include a disclaimer indicating it is  
          self-supported and not funded by the State of California.  
          
           
          DIGEST
            
          Existing law
            
           1.  California's Bureau of State Audits is authorized to conduct  
              audits of state agency operations to evaluate their performance,  
              operations, and the effectiveness of managerial and legal  
              compliance systems. 

           2.  Insurance Code provisions governing the State Compensation  
              Insurance Fund provide that it is exempt from various provisions  
              of the Government Code with specified exceptions.

           3.  Among the listed exceptions, the Insurance Code provides that  
              the State Compensation Insurance Fund is subject to those  
              portions of the Government Code setting forth the Bureau of  
              State Audits law.
           

          This bill

            1.  Amends the Bureau of State Audits law to provide expressly  
              that the State Compensation Insurance Fund is a state agency  
              as that term is defined in the Government Code.

           2.  Adds a requirement to the Insurance Code that requires all  




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              State Compensation Insurance Fund advertising to include a  
              disclaimer that "The State Compensation Insurance Fund is  
              self-supported and is not funded by the State of  
              California".




           COMMENTS

          1.   Purpose of the bill  This bill's purpose is to provide  
              express recognition within the Bureau of State Audits law  
              that for purposes of its jurisdiction, the State  
              Compensation Insurance Fund is an agency under California  
              law that is subject to audit. 

          2.   The bill also adds a new requirement to that all SCIF  
              advertising disclaim any perception that SCIF's insurer  
              operations are supported financially by the State of  
              California.

          3.  According to the author, prior legislation has not fully  
              removed the ambiguity with respect to SCIF and the  
              jurisdiction of the Bureau of State Audits.  AB 1447 is  
              intended to make explicit in state law that the State  
              Compensation Insurance Fund is a state agency as defined in  
              Government Code Section 11000 for purposes of the Bureau of  
              State Audits law and thus subject to the same oversight  
              requirements of any other state agency.  This will ensure  
              that the people of California know they are being served as  
              well as possible by the agency whose primary responsibility  
              is to provide a workers compensation source of last resort.

           4.  Background  The State Compensation Insurance Fund (SCIF) was  
              created by statute in 1914 to act as a workers' compensation  
              insurer for the state and to serve as the workers'  
              compensation insurer of last resort in the private market,  
              and is now the largest workers' compensation insurer in the  
              country.  Although created by the Legislature, it is  
              operated as a private non-profit enterprise, and is supposed  
              to be "neither more nor less than self-supporting".  The  
              State of California is not liable for any obligations of  
              SCIF.  It is not subject to competitive bidding, public  
              record or open meeting laws, although its 8,100 employees  
              are civil servants and its five member board is appointed by  
              the Governor. 




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          5.  There have been in recent years controversies arising  
              between the Department of Insurance (DOI) and SCIF.  SCIF  
              for many years insisted it was not subject to the same  
              scrutiny and regulation by the DOI as other insurers because  
              it was legislatively created.  At the same time, it has  
              avoided the normal scrutiny of other state entities because  
              of its exemption from open government requirements.

          6.  In 2006, legislation was passed in the State Compensation  
              Insurance Fund portions of the Insurance Code to stipulate  
              that the Bureau of State Audits law in the Government Code  
              was among those provisions SCIF is subject to.

          7.  This bill can be seen as the Bureau of State Audits law  
              counterpart to the 2006 change to the SCIF law in the  
              Insurance Code.  AB 1447 provides express recognition that  
              for purposes of the Bureau of State Audits jurisdiction, the  
              State Compensation Insurance Fund is a "state agency"  
              subject to BSA audits.

          8.   While AB 1447 specifies SCIF is an agency for purposes of  
              audit jurisdiction, there is no intention to imply that the  
              State of California has any financial responsibility for  
              SCIF operations.  Accordingly, AB 1447 adds a requirement  
              that all SCIF advertising include the disclaimer that SCIF  
              is self-supported and not funded by the State of California.


           9.  Support  .  None Received

           10. Opposition    None Received

           
          11. Questions   None


           12. Suggested Amendments  . None

           
          13. Prior Legislation   SB 1542 (Speier) of 2006 amended the SCIF  
              law in the Insurance Code to specify that notwithstanding a  
              general exemption to provisions of the Government Code  
              pertaining to state agencies, SCIF was to be subject to the  
              Bureau of State Audit provisions of the Government Code.  AB  
              1447 can be seen as a companion to that 2006 law in that it  




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              now adds an express provision to the Bureau of State Audits  
              law affirming that agencies jurisdiction over SCIF for audit  
              purposes. 


           


          POSITIONS
          
          Support
           
          None Received
           
          Oppose
               
          None Received

          Consultant:   (916) 651-4102