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What is the State Compensation Insurance Fund about?

About Us. We exist to provide workers comp insurance to all California businesses. Because we are not for profit, our purpose is different from other insurers. We keep California working by providing fairly priced coverage, making workplaces safe, and helping injured workers to recover and get back to work.

What is the State Compensation Insurance Fund?

The State Compensation Insurance Fund (State Fund) is a self-supporting, non-profit enterprise that provides workers compensation insurance to California employers. It will pay all claims for medical expenses and compensation benefits in the first instance.

How many employees are at the state compensation insurance fund?

State Compensation Insurance Fund is a private company with an estimated 4,000 employees. In the US, the company has a notable market share in at least one industry: Workers Compensation Other Insurance Funds, where they account for an estimated 3.4% of total industry revenue.

What is Reynolds V State Compensation Insurance Fund?

A settlement (Settlement) has been reached with State Compensation Insurance Fund (State Fund or Defendant) in two class action lawsuits about whether State Fund incorrectly charged excess premiums for certain workers compensation insurance policies from March 1, 2013 through November 30, 2022 (the Class Period