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Monthly Archives: April 2020

24Apr 2020
State Fund

State Fund Launches Two Support Funds to Assist California Businesses During COVID-19 Crisis

Essential Business Support Fund To support California’s essential businesses during the COVID-19 crisis, State Fund has established the Essential Business Support Fund — a $50 million relief fund to help policyholders defray the costs of protecting workers from coronavirus and … Read more »

24Apr 2020
State Fund

State Fund CFO Discusses Dividends and Withstanding Crisis

Pete Guastamachio was appointed State Fund’s Chief Financial Officer in September 2014. He brings more than 35 years of high-level experience from the financial sector, and joined State Fund in February 2009, as our first Chief Investment Officer. We met … Read more »

24Apr 2020
State Fund

Assembly Bill 5 – Redefining Employment Status for Workers’ Compensation Effective July 1, 2020

Assembly Bill 5 changed the 30-year-old test to determine employment status of California workers effective January 1, 2020 for wage orders, and effective July 1, 2020 for workers’ compensation purposes. The bill created a new “ABC Test”, replacing the previous … Read more »

23Apr 2020
State Fund

State Fund is Offering Payment Flexibility in Response to COVID-19

In times like these, when we are all doing our part to stop the spread of COVID-19, we are thinking about our policyholders. We recognize that many businesses across the state are experiencing dramatic drops in revenue and making abrupt … Read more »

23Apr 2020
State Fund

State Fund Rounds Up COVID-19 Safety Resources

Make it easy for your clients to find important Coronavirus safety resources by sharing State Fund’s COVID-19 resource center available at SafeAtWorkCA.com. Our website is a one-stop shop that includes information on preventing the spread of the virus, teleworker ergonomics, … Read more »

24Apr 2020
State Fund

Check Out State Fund’s Online Safety Resource Center

Have you seen our new safety website, SafeAtWorkCA.com?  Designed to be State Fund’s safety resource center, it is the wellspring for all the information and tools we make available to policyholders and California employers. There are more than 1,000 articles, … Read more »