State Fund Today

We recently announced plans to distribute two separate dividends for policy year 2025.

First, we are declaring a 20% standard dividend for qualifying policyholders with policies that took effect between January 1, 2025, and December 31, 2025. This dividend is approximately 20% of the estimated annual premium (EAP) reported during that period, equal to approximately $200 million. This is the seventh consecutive year we have declared a standard dividend.

The 2025 standard dividend is available to policyholders who meet the criteria. An eligibility assessment will take place shortly after the policyholder’s final bill has been issued. For more information about the standard dividend, please see this list of FAQs.

Second, we are declaring a 10% large account safety dividend for qualifying policyholders with policies that took effect between January 1, 2025, and December 31, 2025. Policyholders with standard premium of $500,000 or greater at date of policy inception (irrespective of whether the standard premium level changes during the policy term) may qualify for this dividend if they meet all the eligibility criteria. The dividend is approximately $8 million.

If you have any questions regarding dividend eligibility or payments, please contact your marketing representative.

Disclaimer: Under California law it is unlawful for an insurer to promise the future payment of dividends under an unexpired workers' compensation insurance policy or to misrepresent the conditions for dividend payment. Dividends are payable only pursuant to conditions determined by the Board of Directors or other governing board of the Company following policy expiration. It is a misdemeanor for any insurer or officer or agent thereof, or any insurance broker or solicitor, to promise the payment of future workers' compensation dividends. Past dividend performance is no guarantee of an insurer's future dividend performance. Forfeiture of a right to, reduction in the amount of, or delay in the payment of a policyholder's dividend due to the policyholder's failure to accept renewal of the policy or subsequent policies issued by the same insurer is illegal and constitutes an unfair practice.