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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 Compensation Insurance Fund Extends Credit Terms to Policyholders Impacted by Napa Earthquake

California Businesses and Local Economy Supported in State of Emergency

August 26, 2014

San Francisco, CA — The Napa earthquake, estimated to top $1 billion in economic losses will have a devastating impact on California businesses and the local economy. Governor Brown declared a state of emergency for Napa, Solano, and Sonoma Counties. To assist Northern California policyholders affected by the earthquake, State Fund is offering extended credit terms to those experiencing business disruptions. 

State Fund policyholders who are experiencing earthquake-related impacts can call State Fund’s Customer Service Center number to request the exemptions at (800) 782-8338 or through their insurance broker. Requests must be made by September 9, 2014.

Policyholders with earthquake-related disruptions can request an additional 30 days to:      

  • Report payroll figures
  • Submit timely payments

The Napa earthquake is the strongest to hit California in 25 years. State Fund reminds California businesses and residents to prepare for earthquakes and other types of natural disasters. State Fund has earthquake preparedness video training and other materials available to protect employees and property. Fed/OSHA also has important tips.

This year, State Fund is celebrating 100 years of providing California businesses with a strong and stable option for their workers’ compensation insurance. State Fund has played an important role in the state’s economy as illustrated in this interactive, comprehensive timeline that chronicles noteworthy developments for State Fund and California between 1914 and 2014.

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.

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