State Compensation Insurance Fund

State Compensation Insurance Fund (State Fund) is a government-established insurance provider that offers workers’ compensation coverage to businesses. Its purpose is to ensure employees injured on the job receive medical care and wage replacement, while protecting employers from costly lawsuits. Funded by premiums paid by employers, it operates as a not-for-profit entity, helping to keep insurance costs stable and accessible. State Fund plays a vital role in supporting workplace safety and financial security for workers across the state.