State Fund to Give Customer Refunds
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The State Compensation Insurance Fund, California’s largest workers’ compensation insurer, said it will return a $101-million dividend to businesses in California that were policyholders in 1998 with the nonprofit fund. The refund reflects savings achieved through improved workplace safety, the San Francisco-based fund said. The size of the actual payout to each of the fund’s more than 200,000 customers will vary widely.
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