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State Fund is California's largest provider of workers' compensation insurance and a vital asset to California businesses. State Fund supports California's entrepreneurial spirit and plays a stabilizing role in the economy by providing fairly priced workers' compensation insurance making California workplaces safe, and restoring injured workers.




Sen. Michael J. Machado (Ret.), Senate Rules Committee Designee

Senator Michael Machado was appointed by Chair of the Senate Rules Committee Darrell Steinberg to State Fund’s Board of Directors in 2009, following the passage of AB 1874.
 
A former member of the California State Senate (2004 -2008);  Machado served as chair of the Senate Committee on Banking, Finance and Insurance and the Budget Subcommittee on Budget and Fiscal Review of State Agencies. He also served on the Natural Resource and Water committee, and the committee on Revenue and Taxation.  In addition, he served in the California State Assembly from 1994 to 2000.
 
Notable accomplishments during his tenure on the legislature include his authorship of Proposition 13 (Safe Drinking Water, Clean Water, Watershed Protection, and Flood Protection Bond Act), his leading role in the passage of Prop 50 (Water Security, Clean Drinking Water, Coastal and Beach Protection Act of 2002) and reform legislation in response to California’s foreclosure crisis.
 
Machado also served as an officer in the United States Navy during the Vietnam War, and owns and operates a family farm in Linden, California. 

He graduated with a degree in Economics from Stanford University, earned his master’s degree in agricultural economics from the University of California, Davis, and in 1998 attended the Harvard Agribusiness School in London.

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