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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 Fund Releases 2019 Annual Report

Highlights Include Dividend Declaration and Efforts to Improve Customer Experience

May 7, 2020

(Pleasanton, CA)—State Compensation Insurance Fund (State Fund) has released its 2019 Annual Report, now available online.

In his letter accompanying the report, State Fund President & CEO Vern Steiner discusses State Fund’s actions related to COVID-19, as well as the organization’s efforts to improve its customer technology, expand its workplace safety website, and provide more value to policyholders.

Important financial highlights from the report include:

Additional accomplishments discussed in the report include:

Information about State Fund’s actions in response to the COVID-19 pandemic can be found at


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

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