Dana Foley outlines Grand County's claims and risk management strategies at CTSI meeting

In the heart of Grand County, Colorado, the Board of County Commissioners convened on April 1, 2025, to discuss critical updates regarding the county's insurance and risk management strategies. The meeting, led by Dana Foley, a senior loss control specialist from the Colorado Counties Casualty and Property Pool (CCP), highlighted the financial benefits and operational insights gained from the county's participation in this cooperative insurance model.

Foley explained that Grand County, as a member and owner of the CCP, benefits from a unique insurance structure that allows for shared risk among 42 counties. This cooperative approach not only enhances the county's bargaining power in the insurance market but also enables it to manage claims more effectively. In 2024, Grand County received a total of $153,806 back from the CCP, a significant return that reflects the county's low loss ratios—0.96 for the workers' compensation pool and 0.795 for the liability pool.

The discussion also revealed a notable decrease in claims, particularly in the workers' compensation sector, where Grand County reported only 14 claims totaling $14,829 in 2024. Foley attributed this decline to proactive measures, including training sessions aimed at reducing slips, trips, and falls, which remain the leading cause of claims across the county. The meeting underscored the importance of ongoing education, with suggestions for refresher courses in defensive driving and body mechanics for emergency services personnel.

As the commissioners reviewed the data, they acknowledged the need for continued vigilance in managing risks, particularly with vehicle-related incidents and arrest-related claims, which have seen a rise in severity. The meeting concluded with a commitment to further training and collaboration among departments to enhance safety and reduce liabilities.

Overall, the session not only provided a snapshot of Grand County's insurance landscape but also reinforced the county's dedication to safeguarding its employees and resources through strategic risk management practices. As the county looks ahead to 2025, the focus remains on maintaining positive trends and ensuring the well-being of its community.