WebThe California State Compensation Insurance Fund, also known as SCIF or the State Fund, is a nonprofit workers’ compensation insurance company serving businesses based in California. It was established by the state legislature in 1914 and has been providing workers’ comp insurance ever since. WebA competitive state fund is a state-owned and run fund for workers’ compensation insurance that competes with other private insurers in an open market. Employers have the option of choosing to purchase workers’ compensation insurance either through a private insurer or the state-backed fund. This may benefit employers by providing them with ...
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