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c <br />PERSONNEL DIRECTOR ROBERT DONLON DISCUSSED WITH THE BOARD <br />A BILL FROM ARDEN INSURANCE SERVICES FOR $49,449.00 TO RENEW WORKMENS' <br />COMPENSATION INSURANCE. HE NOTED THAT THE COMPANY WHO PREVIOUSLY <br />CARRIED OUR WORKMEN'S COMPENSATION NOTIFIED US THAT THEY WERE NO <br />LONGER GOING TO RENEW OUR POLICY, AND MR. ARDEN IS NOW COVERING US <br />UNDER ANOTHER COMPANY. THE EXPIRATION DATE OF THE POLICY WAS OCTOBER <br />L 1977. <br />CHAIRMAN WODTKE INQUIRED ABOUT THE INCREASE IN PREMIUMS AND <br />THE REASON FOR THE PREVIOUS POLICY BEING CANCELED. <br />HAMILTON ARDEN OF ARDEN INSURANCE SERVICES INFORMED THE <br />BOARD THAT INSURANCE COMPANIES HAVE BEEN RELUCTANT TO RENEW LARGE`. <br />COMMERCIAL ACCOUNTS BASED ON LOSS EXPERIENCE. HE NOTED THE SAME <br />THING HAS HAPPENED TO THE SCHOOL BOARD. MR. ARDEN STATED THAT HE HAS <br />REPLACED THE COUNTY'S COVERAGE WITH LIBERTY MUTUAL, THE LARGEST <br />WRITER OF WORKMEN'S COMPENSATION IN THIS COUNTRY. HE NOTED THAT <br />COMPANY WHO JUST CANCELED THE POLICY TOOK OVER THIS COVERAGE WHEN <br />THE COUNTY WAS PREVIOUSLY. CANCELED. MR. ARDEN CONTINUED THAT WORK— <br />MEN'S COMPENSATION RATES HAVE GONE UP 100% IN THE LAST TWO YEARS <br />CAUSED BY THE FACT THAT THEY ARE NOW BASED ON 100% OF THE PAYROLL. <br />THIS IS IN ADDITION TO THE SURCHARGE FOR ASSIGNED RISK WHICH IS 8%.. <br />CHAIRMAN WODTKE STATED THAT HE IS CONCERNED THAT WE ARE <br />PAYING AN 8% PENALTY AND DID NOT RECEIVE NOTIFICATION THAT WE WOULD <br />HAVE T0. <br />MR. ARDEN POINTED OUT THAT STATUTORILY THE COUNTY IS RE- <br />QUIRED TO CARRY THIS COVERAGE. HE FURTHER NOTED THAT THE COUNTY'S <br />ACCOUNT HAS BEEN UNPROFITABLE•FROM AN OVERALL STANDPOINT, AND HE DOES <br />NOT FEEL WE CAN FIND ANOTHER COMPANY AT A BETTER RATE. MR. ARDEN <br />CONTINUED THAT HE HAD EARLIER DISCUSSED WITH THE BOARD THINGS WHICH <br />MIGHT BE DONE TO AVOID THIS SITUATION, SUCH AS A SAFETY DIRECTOR, <br />WHICH POSITION HE FELT WOULD PAY FOR ITSELF. <br />CHAIRMAN WODTKE NOTED THAT WE GOT A LOWER RATE LAST YEAR, <br />AND MR. ARDEN STATED THAT THIS WAS BASED.ON THE.000NTY'S GOOD EX— <br />PERIENCE TWO YEARS AGO. THERE IS A TIME LAG. <br />OV 21977 <br />aooK 31 PACE 40`0 <br />I <br />J <br />