Established in 1914 by the state legislature, State Fund has operated for 100 years, 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.
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, particularly the small businesses and new ventures that are key to California’s economic recovery.
OUR VALUES AND PURPOSE
State Fund’s purpose is to provide fairly priced workers’ compensation insurance, help make workplaces safe, and restore injured workers.