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County Sees Large Increases Projected in Insurance Assessments; Risk and Workers’ Comp Costs Rise in Draft Budget

5774471 · September 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Risk management staff told commissioners they built next‑year projections on an assumed 25% rise in general liability assessments and smaller increases in property and cyber premiums; workers’ compensation administration and claims are also projected to rise, and staff flagged uncertainty about deductibles and open claims.

County risk management staff and finance presented draft cost allocations at a budget workshop that assume substantially higher insurance assessments and rising workers’ compensation costs over the next biennium.

Risk assessments and insurance premiums

Staff said the county’s risk pool indicated premium pressure and staff built the draft budget assuming a 25% increase in general liability assessments for 2026 and a 20% increase for 2027. Staff said property and cyber insurance increases were modeled at 10% though final numbers are expected with the risk‑pool quote cycle in October.

Staff told commissioners that liability…

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