Jeff Pettegrew was appointed as the first Executive Director/ CEO of the California Self Insured Security Fund (SISF) in January, 2004. He was previously Vice President of Risk Management & Insurance for Westaff, a self-insured international staffing company since 1991. Prior to that, Jeff was CEO (1980-91) of the Contra Costa Municipal Risk Management Insurance Authority, where he pioneered one of the nation’s first fully self-insured and self-administered joint powers authorities - providing workers compensation, liability, property, safety and health coverage to 18 Bay Area municipalities. A former Assistant City Manager of Walnut Creek, Jeff began his risk management career as the first Risk Manager for the cities of Walnut Creek (1977-79) and Sunnyvale, California (1979-80).
Mr. Pettegrew was named “Risk Manager of the Year” in 1989 by Business Insurance magazine and was the Chairman of the Business Insurance National Workers Compensation Conference for 9 years. He also served as President of the Public Agency Risk Managers Association (PARMA); the California Joint Powers Association (CAJPA) – wherein he was a founding member; as well as President of the Golden Gate Chapter of the Risk and Insurance Management Society (RIMS) and in committee roles with national RIMS.
During the past 30 years, Jeff has been a frequent lecturer and spokesperson at various regional and national conferences around the country, and has appeared on CNN and 60 Minutes regarding complex self-insurance and financial risk management issues. He has taught doctoral level classes in insurance at Golden Gate University as well as ARM courses. Jeff meets regularly with California and other state lawmakers and regulators on a variety of issues and has served as a consultant and an expert witness. In 2011, Workers Compensation Executive designated Jeff as one of the “Most Influential People in the Workers’ Compensation Industry.”
A former Captain (Administration/Protocol officer) in the U.S. Air Force, Jeff arranged VIP meeting and travel arrangements for dignitaries; General officers; the White House Cabinet (President Nixon); Secretary of State (Rogers); Congress as well as the Pentagon while stationed in California and Iceland. He earned a Masters in Public Administration from California State University, Hayward; a Bachelor of Arts degree in Communication from Denison University, Granville, Ohio; and an Associate in Risk Management (ARM) designation.
RECENT ARTICLES BY Jeff Pettegrew
California Workers’ Compensation Self-Insurance Update
SB 863 introduced new requirements for California private workers' comp self-insured employers and self-insured groups.
Self-Insured Workers’ Comp Third Party Administrator Contract Issues
There are hundreds of national and regional firms, including insurance companies, that compete to provide workers' compensation claims administration services for private as well as governmental self-insured entities. In California, there are nearly 500 private (non-public entity) organizations that are self-insureds, although only 35 of them actually self-administer their claims. Self-administered entities are generally very large organizations with open claims often exceeding $100 million in estimated future liabilities (EFL). The remaining self-insureds, including many of the largest self-insureds, rely upon a state licensed Third Party Administrator (TPA) to provide these services. In California, 98 Third Party Administrators are currently licensed to provide these services, although some of these are dedicated units that serve a single self-insured client.
Self-Insured Retention vs. Collateral - What is the True Cost of Risk?
Knowing that virtually every high deductible or self-insured option you choose requires collateral, how do you decide which option is the most cost-effective? It’s important that you have a very savvy, experienced, and knowledgeable insurance broker or consultant assisting you in weighing these options. Furthermore, your broker must understand the implications of collateral demands when risk is retained.
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