$200 Million Dividend Announcement by State Fund: Supporting California Businesses
State Compensation Insurance Fund (State Fund), a leading provider of workers' compensation insurance in California, has announced a substantial $200 million dividend distribution to eligible policyholders. This strategic move reflects approximately 20% of the premiums collected for policies active from January 1 to December 31, 2025. The announcement underscores State Fund’s commitment to enhancing economic growth and supporting policyholders by enabling them to reinvest in their businesses and foster job creation across California.
Robust Financial Performance and Dividend Disclosure
In 2025, State Fund reported an impressive $974 million in annual premiums, coupled with $630 million in investment income. According to State Fund President and CEO Vern Steiner, the organization takes pride in providing dividends for the seventh consecutive year. This financial decision aligns with the company's mission of benefiting all Californians through economic contributions and risk management innovations. Since 2019, State Fund has declared approximately $830 million in dividends, further solidifying its reputation as a reliable insurance carrier.
Compliance and Policyholder Information
Policyholders eligible for the 2025 dividend will receive payments following the conclusion of their individual policy terms. In compliance with California regulatory requirements, insurers cannot promise future dividends on ongoing policies. Misrepresentation regarding dividend payments constitutes a legal infraction, emphasizing the importance of adhering to regulatory compliance standards. State Fund operates as a not-for-profit entity, fundamentally supported by premiums and investment income, with a century-long legacy in promoting workplace safety and supporting injured workers.
For more information about State Fund and its comprehensive insurance offerings, visit the official website or contact Corporate Communications at media@scif.com or +1 888-722-2782.