 State Compensation Insurance Fund

The State Compensation Insurance Fund (State Fund) is a public enterprise in California that provides workers' compensation insurance to businesses and employers. Established in 1914, State Fund operates as a non-profit organization and is designed to ensure that employers have access to affordable workers' compensation coverage, especially in situations where private insurers may not be able to meet the demand or where businesses might face difficulties obtaining coverage. State Fund aims to protect both employees and employers by offering benefits for workplace injuries and illnesses.