State Fund Premium Credit Extended to Non-renewing Policyholders
From Dan Burns, Group Insurance Manager, State Compensation Insurance Fund
On November 18th, 2011, State Fund announced plans to disburse $50 million to qualifying policyholders in the form of a premium credit that is based on 2011 estimated annual premiums and will be applied during the 2012 policy year. The credit would be available to 2011 policyholders who:
• Paid their premiums timely and kept their policy in good standing in 2011,