The Puerto Rico State Insurance Fund Corporation — es, Corporación del Fondo del Seguro del Estado (CFSE)—is a government-owned corporation of Puerto Rico that provides

workers' compensation Workers' compensation or workers' comp is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her emp ...

Puerto Rico Puerto Rico (; abbreviated PR; tnq, Boriken, ''Borinquen''), officially the Commonwealth of Puerto Rico ( es, link=yes, Estado Libre Asociado de Puerto Rico, lit=Free Associated State of Puerto Rico), is a Caribbean island and unincorporated ...

. The Corporation is headed by a board of directors appointed by the Governor of Puerto Rico and subject to the

advice and consent Advice and consent is an English phrase frequently used in enacting formulae of bills and in other legal or constitutional contexts. It describes either of two situations: where a weak executive branch of a government enacts something prev ...

of the

Senate of Puerto Rico The Senate of Puerto Rico ( es, Senado de Puerto Rico) is the upper house of the Legislative Assembly of Puerto Rico, the territorial legislature of Puerto Rico. The Senate, together with the House of Representatives of Puerto Rico, control t ...

. The State Insurance Fund was created by Act Number 45 adopted on April 18, 1935, known as the Law of Compensation System for Occupational Accidents. Its purpose is to guarantee the constitutional right of all workers to be protected from health risks in the workplace. Through Act Number 83 of October 29, 1992, which amended Act Number 45, a board of directors was established and is appointed by the Governor of Puerto Rico.

References

Government-owned corporations of Puerto Rico Financial services companies established in 1935 {{PuertoRico-stub