Despite rumors to the contrary, State Compensation Insurance Fund remains solid in the turbulent California workers’ compensation market. The state’s largest workers’ comp provider received an affirmed “BB++” financial strength rating from A.M. Best on May 24.
Best announced that the affirmed rating “reflects the Fund’s strong capital position and dominant market presence,” as well as “the Fund’s capacity to successfully provide a permanent workers’ compensation market in California while maintaining a high level of service.”
Topics Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested 
Wall Street Banks Try Out Anthropic’s Mythos 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
