California’s State Compensation Insurance Fund announced several steps to support policyholders during the COVID-19 crisis, including a moratorium on policy cancellations and late payment penalties.
State Fund also said it will extend credit to any business negatively impacted by COVID-19 events and offer businesses the ability to adjust their payroll reporting.
Additionally, State Fund is postponing all site visits and has implemented a work-at-home program that is allowing the vast majority of its employees to work remotely.
State Fund is a not for profit provider of workers’ comp and is funded solely by premiums and investment income.
Topics California
Was this article valuable?
Here are more articles you may enjoy.
Delta Air Lines Must Face Lawsuit Over ‘Window Seats’ With No Windows 
Archdiocese of NY Finalizes $800M Fund for Sex Abuse Survivors; Avoids Bankruptcy 
Two Dead at Tampa Office After Man Drove Car into Building and Started Shooting 
Some 40% of Planned Data Center Capacity Is in States Wanting to Hit Pause 
