state fund logo
Customer Support
(888) 782-8338
Established in 1914 by the state legislature, State Fund is California's most reliable 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, helping California employers keep their workplaces safe, and restoring injured workers.



 

State Fund Issues First Dividend in Over Ten Years

July 27, 2012

VACAVILLE, CA --- State Compensation Insurance Fund (State Fund) began issuing dividend payments to eligible policyholders—the first time in a decade. The $50 million dividend disbursement will be paid to qualifying policyholders on the 2011 policy year.

“We believe the dividend can and should function as a way to return value to responsible policyholders; it is a down payment on our commitment to help California employers manage the cost of their workers’ compensation insurance,” said Tom Rowe, State Fund President and CEO.

State Fund last declared a dividend in 2001, which was more than $92 million. Since its inception in 1914, State Fund has paid more than $4.9 billion in dividends to policyholders—a record unparalleled among all California workers’ compensation carriers.

EDITOR’S NOTE: Established in 1914 by the state legislature, State Fund is California’s largest provider of workers’ compensation insurance and a vital asset to California businesses. Completely self supporting, State Fund plays a stabilizing role in California’s economy by maintaining an open door policy that ensures all employers have a strong and stable option for their workers’ compensation needs.

Copyright © 2000-2024 State Compensation Insurance Fund
Website Terms of Use, Website Privacy Policy and Information Sharing Disclosure