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State Fund 2025 Annual Report Now Available Online

We've released our 2025 Annual Report.

In his letter accompanying the financial report, our President & CEO, Vernon Steiner, discusses the organization’s long-term claims successes, safety equipment grants, technology advancements, and more.

Important financial results for 2025 include:

  • Earned premiums of $956 million
  • Combined ratio of 87.4%
  • Income before dividends of $702 million

Read the full report online.