SAN FRANCISCO, Nov. 18 State Compensation Insurance Fundtoday announced it will extend credit to policyholders who have sufferedfinancial loss or business disruption caused by the fires in Montecito, OrangeCounty and Sylmar.
To date, more than 900 residences and structures have been lost due to theflames and more than 35,000 acres burned and an untold number of businesseshave suffered damages.
"With the fires being concentrated in densely populated areas, weunderstand that these fires have caused significant hardship to some of ourpolicyholders," said State Fund President Jan Frank. "We are prepared to helpour policyholders through credit relief as they return to normal operations."
Dedicated customer service lines have been set up to provide assistance topolicyholders. State Fund will work with employers who are unable to reportpayroll figures or submit payments or have been cancelled for credit forreasons related to the fires.
State Fund representatives will review accounts and grant a 30-day creditextension, a 3-month payment plan or if necessary, withdraw cancellation andreinstate the policy.
Policyholders are encouraged to contact the customer service line,800-388-0902 to make arrangements.
EDITOR'S NOTE: Established by the California Legislature in 1914, SanFrancisco-based State Compensation Insurance Fund is a self-supporting,nonprofit, fairly competitive public enterprise that provides workers'compensation insurance coverage at cost to California employers. For moreinformation about State Fund, please visit http://www.scif.com.
SOURCE State Compensation Insurance Fund