Calif. State Fund Offers Credit Extension for Cold Snap

California’s State Compensation Insurance Fraud said it will be extending credit terms to policyholders who have suffered a financial loss or business disruption from the widespread freezing weather across the state aearlier this month, which sent temperatures plunging to the teens.

“State Fund recognizes that the extreme cold weather has caused a significant disruption and hardship for some of our policyholders,” said State Fund President James C. Tudor. “Our offer of credit relief is one way to help ease some of that hardship and help return their businesses to normal operations.”

State Fund said it will work with employers who were unable to report payroll figures or submit payments as a result of the freeze. Customer service lines have been established to provide assistance to policyholders. Affected policyholders are encouraged to contact the Customer Service Center at 800-388-0902 to make arrangements for January payroll reports and payments. This program will be offered through a series of newspaper announcements and mailings.

State Fund has approximately 223,000 policyholders. For more information, visit www.scif.com.

Source: SCIF