Office of Self-Insurance Plans (OSIP)
The Office of Self-Insurance Plans (OSIP) is a program within the director's office of the Department of Industrial Relations (DIR) responsible for the oversight and regulation of workers' compensation self insurance within California. OSIP is also responsible for establishing and insuring that required security deposits are posted by self insurers in amounts sufficient to collateralize against potential defaults by self insured employers and groups.
Self Insurance by the Numbers -
2014 Annual Report Statistics
$192 Billion total self-insured payroll
4.6 Million CA Workers covered by self-insurance
1 in 4 CA Workers is covered by self-insurance
7,129 CA Employers are active self-insurers