The State Compensation Insurance Fund (State Fund) is a public enterprise fund established by the State of California through legislation enacted in 1913 to provide an available market for workers' compensation insurance to employers located in California. The State Fund is governed by a Board of Directors with authority comparable to that of the governing body of a private insurance carrier.
The State Fund's objective is to serve all California employers as an efficient and fairly priced industry leader in workers' compensation insurance, and it competes with other insurance companies.
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