What is the State Compensation Insurance Fund?

The State Compensation Insurance Fund, often referred to as State Fund, is a government-owned workers’ compensation insurance carrier in California. It was established to provide fairly priced workers’ compensation insurance to employers and to ensure that injured workers receive prompt and fair benefits. State Fund operates as a nonprofit enterprise, serving as a safety net for businesses that may not be able to obtain coverage elsewhere. It plays a crucial role in California’s workers’ compensation system by promoting workplace safety and providing resources to both employers and injured employees.