California’s leading workers’ compensation insurance provider announces credit extensions, a moratorium on policy cancellations, and more.
Pleasanton, CA—State Compensation Insurance Fund (State Fund) announced today it is taking several steps to support its policyholders during the COVID-19 crisis.
State Fund has placed a moratorium on policy cancellations and late payment penalties. It will also extend credit to any business negatively impacted by COVID-19 events and offer businesses the ability to adjust their payroll reporting.
Because the health and safety of California business owners, workers, and its own employees is its highest priority, State Fund is postponing all site visits.
State Fund has also executed a work-at-home program that is allowing the vast majority of its employees to work remotely--it remains open for business and ready to assist policyholders with all of their workers’ compensation needs.
“We’re adapting quickly to this new environment and doing what we need to do to protect our employees and our customers,” said State Fund President & CEO Vern Steiner. “We’ve been serving California for 106 years and we’re in a strong position to continuing doing so now and into the future.”
To ask questions, adjust payroll or request a credit extension, State Fund policyholders can call (888) 782-8338. For more information about State Fund, visit www.StateFundCA.com.
State Fund is California’s leading provider of workers’ compensation insurance. Not for profit and funded solely by premiums and investment income, we’ve supported California’s entrepreneurial spirit and played a vital role in the state’s economy for more than 100 years. By innovating in areas such as workplace safety and injured worker care, we’re committed to serving California for the next 100 as well. To learn more or get a quote, contact your broker or visit www.StateFundCA.com.
