| The California State Fund
is a non-profit, public enterprise fund that
operates like a mutual insurance carrier. Unused
premium, in excess of operating expenses, claims
costs and expenses, and necessary surplus are
returned in the form of dividends to policyholders.
State Fund has returned in excess of $4.8 billion to
its policyholders since its founding--far and away
the largest premium return among carriers.
State Fund employees, located in office locations
throughout the state, provide full services for employers and their
injured employees, and work to keep costs down. State Fund adjusters
handle more than 136,000 new claims each year. Professional loss control
representatives and industrial hygiene, and ergonomics specialists provide
a multiplicity of services to California businesses. More than 200
employer associations offer coverage through State Fund.
By stressing financial strength and stability,
offering coverage at cost, and providing required benefits promptly and
fairly, State Fund has become a model for the industry and other states.
Today's emphasis on customized loss control services, medical cost
management and anti-fraud efforts has found a ready audience among
California employers looking to get the maximum value for their workers'
compensation dollar.
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