2012 Annual Report

I am pleased to share State Fund's 2012 Annual Report. State Fund has taken a hard look at our operations and made significant changes that will empower us to continue serving California’s businesses and injured workers as the fair-priced leader. We are now beginning to see the effects of those changes and are realizing our vision for a more efficient and stable State Fund. We remain committed to the nearly 130,000 policyholders that have relied on us for their workers’ compensation needs in 2012 and look forward to helping them continue to prosper in 2013.

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