CopperPoint Insurance Companies (formerly SCF Arizona)

About CopperPoint Insurance Companies (formerly SCF Arizona)

CopperPoint Insurance Companies (formerly SCF Arizona) is the competitive state workers compensation fund in Arizona, operating alongside private carriers. State funds typically serve as the carrier of last resort and also write voluntary policies for any qualifying employer.

State funds were originally created to ensure every employer can find workers comp coverage, even employers private carriers refuse to write. Arizona preserved a competitive market, so the state fund competes with private carriers on price and service. Some employers prefer the state fund for stable rates and consistent claims handling; others prefer private carriers for industry specialization or pay-as-you-go billing.

Pricing on a state fund policy in Arizona

State funds use the same NCCI class code rate filings as private carriers; the rate per $100 of payroll is the same. Differences come in at the schedule rating stage (where the underwriter applies discretionary credits or debits, capped at 25% in Arizona) and the dividend programs (some state funds return a portion of premium to policyholders in good loss years).

Claims handling

Statutory benefits are set by Arizona law and apply equally to state fund and private carrier policies. The state fund typically maintains its own in-house claims operation, while private carriers may use third-party administrators (TPAs). Some employers prefer the state fund for the consistency of a single in-state claims team; others prefer private carrier TPAs for specialization in their industry.

Related reading

• Full Arizona workers comp overview
• Arizona coverage requirement
• Arizona employer responsibilities
• All workers comp carriers