Fitch Affirms California Workers Comp. Relief Bonds at AA | Business Wire

California Workers' Compensation info - outlook stable.

Fitch Ratings affirms the 'AA' rating on approximately $559.5 million in California Infrastructure and Economic Development Bank (infrastructure bank) workers compensation relief bonds, series 2004A & 2004B.

The Rating Outlook is Stable.

SECURITY

The bonds are limited obligations of the infrastructure bank, payable solely from pledged revenues consisting primarily of special bond assessments imposed by the California Insurance Guarantee Association (CIGA) upon all insurers providing workers compensation insurance policies in the state.

Read More: Fitch Affirms California Workers Comp. Relief Bonds at AA | Business Wire.

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