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Competitive State Funds

Competitive State Funds

Definition

State-owned and -operated facilities that compete with commercial insurers in writing workers compensation insurance specific solely to that state. The states with these funds are California, Colorado, Hawaii, Idaho, Kentucky, Louisiana, Maine, Maryland, Minnesota, Missouri, Montana, New Mexico, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, Texas, and Utah.

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Classification Cross Reference
Blueprint for Workers Comp
IRMI Workers Comp

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