State Fund - Five states have their own system for providing reparations to injured employees eligible under the state’s workers compensation act. Private insurance companies may not compete. The states are North Dakota, Ohio, Washington, West Virginia, and Wyoming.

having exclusive control over a commercial activity by possession or legal grant

Exclusive ownership or control of a service or commodity by a single person, company or group eliminating any competition.

Of or pertaining to a monopolist.

Having some power to set price.