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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 2021 Annual Report Now Available Online

May 26, 2022

(Sacramento, CA) – State Compensation Insurance Fund (State Fund) has released its 2021 Annual Report.

In his letter accompanying the financial report, State Fund President and CEO Vernon Steiner discusses the organization’s progress toward completing key technology initiatives, its continued financial strength, and its broad efforts to become easier to do business with.

Important financial results for the 2021 calendar year include:

Read the full report online.


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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