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11/6/1990
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11/6/1990
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7/23/2015 12:02:47 PM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
11/06/1990
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� � s <br />and one at $219,264.01, both back sprains and both before the <br />County began to manage its own risks. Compared with similarly <br />situated clients both of Gallagher and the League, the County <br />continues to have a relatively low retention level, with others <br />having $250,000.00 to $350,000.00. Excess carriers have demanded <br />increased retention levels across the board and government risks <br />with both police and fire functions have been identified as some <br />of the most costly for Florida's excess carriers.. According to <br />Gallagher, workers' compensation rates have increased almost 70 per <br />cent over the past two years. Even with the mandatory 25 per cent <br />rate --rollback enacted by the Florida legislature effective <br />September 1, 1990, there was still a ten per cent increase in rates <br />during 1990 renewals. <br />For comparisonpurposes, the County had 37 workers' compensation <br />claims in September/October, 1989. To date, we have had 17 claims <br />for the same period in 1990. With emphasis on education, <br />- prevention and early return to work for injured employees, we <br />believe the County can effectively manage its workers' compensation <br />risks at the increased retention level. <br />Recommendation <br />Staff recommends the Board renew its excess workers' compensation <br />coverage with Safety Mutual at an annual cost of $91;242.00. <br />ON MOTION by Commissioner Scurlock, SECONDED by <br />Commissioner Wheeler, the Board unanimously approved <br />the renewal of the County's excess workers' <br />compensation coverage with Safety Mutual at an annual <br />cost of $91,242, as recommended by staff. <br />RESOLUTION AUTHORIZING THE PAYMENT OF DEPOSITORY TRANSFER CHECKS <br />The Board reviewed the following memo dated 10/25/90: <br />. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <br />To: James Chandler, Date: October 25, 1990 <br />County Administrator <br />From: Jack Price, Personne Sub: Resolution <br />.................................................................. <br />On September 21, 1983 the Board of County Commissioners approved <br />Resolution No. 83-72, authorizing the Chairman of the Board to <br />execute applications for an account at the Southeast Bank, N.A. <br />thereby establishing an account entitled The Gulf Life Health <br />Insurance Reserve Trust for Indian River County for the purpose of <br />maintaining a balance required to be maintained by the County's <br />insurance policy with the Gulf Life Company under the ASO plus <br />provisions. <br />51BOOK -� <br />OV 199U _ <br />
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