The State Accident Insurance Fund Corporation is a not-for-profit, state-chartered workers’ compensation insurance company in the U.S. state of Oregon. It provides workers' compensation insurance and workplace safety services for Oregon employers, and claim management for injured workers. It is based in Salem, Oregon.
SAIF was created in 1914 by the Oregon Legislative Assembly as a state agency, and in 1980 became America's first public corporation specializing in workers' compensation insurance. A board of directors, appointed by the governor, oversees the company's operations. Kerry Barnett, formerly an executive with Portland, OR-based Cambia, was selected as president and chief executive officer of SAIF in 2015.
SAIF does not pay state income tax, which gives it the ability to price its policies competitively. Private competitor Liberty Northwest, a subsidiary of Liberty Mutual, has been openly critical of the laws regulating SAIF for some time.
In 2004, voters rejected a ballot measure that would have abolished SAIF. The measure was defeated with 61 percent of the vote.
In 2005, SAIF was investigated for allegedly failing to provide documents to a nonprofit group, specifically regarding a lobbying contract with former Governor Neil Goldschmidt. The investigation determined that SAIF had done nothing wrong. SAIF issued a report on its status to Governor Ted Kulongoski in early 2005.
Highest paying job titles at SAIF Corporation include Enterprise Architect, Senior Software Development Engineer, and Software Development Engineer in Test (SDET)