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State Compensation Insurance Fund

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State Compensation Insurance Fund Snapshot

4.4
based on 279 ratings

92% would recommend to a friend

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Vern Steiner

99% approve of CEO

Mission State Fund's purpose is to provide fairly priced workers' compensation insurance, help make workplaces safe, and restore injured workers.
Description Established in 1914 by the state legislature, State Fund has operated for more than 100 years, is California’s largest provider of workers’ compensation insurance, and a vital asset to California businesses. We support California’s entrepreneurial spirit, play a stabilizing role in the economy by providing fairly priced workers’ compensation insurance, help make California workplaces safe, and restore injured workers.

State Fund offers diverse and comprehensive products and services that provide a strong and stable option for employers and injured employees with fast, reliable claims service and medical and indemnity benefits. State Fund’s accident prevention services and return to work programs—provided to policyholders at no additional cost—ultimately help save businesses money.

With approximately 130,000 policyholders, more than $1.2 billion in premium, and nearly $20 billion in assets, Californians rely on the security and certainty offered by State Fund to the state’s employers.

Life at State Compensation Insurance Fund

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