January 14, 2008 Source:
WorkInjury.com, PR Newswire
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State Fund Offers Premium Credits to NoCal Storm Victims
State Compensation Insurance Fund has announced that it will extend credit to policyholders who have
suffered a financial loss or business disruption caused by recent wind and
rainstorms that struck the counties of Butte, Glenn, Kings, Marin, Placer,
San Francisco, San Mateo, Sacramento, Sutter, Yolo and Yuba counties.
The
series of three storms began on January 3, 2008, causing extensive
flooding, property damage, and electrical outages.
"State Fund policyholders in the many areas affected by the storms
range in size from large manufacturing businesses to small retail shops and
have been in business for years," said State Fund President Janet Frank.
"The storms caused a significant disruption of business and hardship for
some of our policyholders. Our offer of credit relief is one way to help
them and their businesses return to normal operations."
To read the full press release from the source listed at the top of this article,