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SEP 24 1991 <br />1 � <br />r <br />4 F, <br />CLAIMS ADMINISTRATION AGREEMENT <br />The Board reviewed memo from Risk Manager Beth Jordan: <br />TO: James E. Chandler, County Administrator <br />TBRU: Jack Price, Personnel Director <br />FROM: Beth Jordan, Risk Manage <br />DATE: 12 September 1991 <br />SUBJECT: Agenda Request; Claims Administration Agreement <br />Please consider the attached annual Service Agreement between the <br />County and Insurance Servicing & Adjusting Company at the September <br />241 1991, Board meeting. <br />Background <br />Following a request for proposals developed and evaluated by Siver <br />Insurance. Management Consultants, the County entered into an <br />agreement with Insurance Servicing & Adjusting Company (ISAC) <br />effective November 1, 1989. The agreement has been renewed in each <br />successive year. <br />Analysis <br />To date, the contractual relationship with ISAC has been most <br />beneficial to the County. As third party claims administrator, <br />ISAC has efficiently and equitably adjusted workers' compensation, <br />automobile liability and general liability claims. Communication <br />with County Risk Management staff has been outstanding. <br />The proposed renewal's terms and conditions are identical to the <br />previous Service Agreement. Charges for workers' compensation <br />services remain two and one-half percent (2.5%) of earned standard <br />premium. Annual costs are projected at $46,620.00. General <br />liability fees remain $210.00 per claim, or $2,730.00 projected <br />annually, and automobile liability fees remain $236.00 per claim, <br />or $2,832.00 projected annually. -Total projected costs are <br />$52,180.00 or $2,223.00 less than 1990-91 due to a reduction in the <br />number of liability claims which has occurred during this year and <br />which, with continued risk control techniques, we plan to -maintain. <br />Recommendation <br />Staff recommends the Board approve and the Chairman execute the <br />annual Service Agreement with ISAC at an estimated annual cost of - <br />$52,180.00. <br />ON MOTION by Commissioner Scurlock, seconded by Com- <br />missioner Eggert, the Board unanimously authorized <br />the Chairman to execute the annual Service Agreement <br />with Insurance Servicing & Adjusting Company (ISAC) <br />at an estimated annual cost of $52,180 as recommended <br />by staff. <br />64 <br />