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City staff say claims trending down; risk-management policy renewal to go on consent agenda
5964706 · October 21, 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
Insurance agents presented a six-year claims review showing steady claims counts and improving loss ratios; the city's newly created risk manager described a modernized risk-management policy that will appear on the council's consent agenda for readoption
City insurance agents and Albany staff presented a high-level review of city insurance claims and a proposed update to the city’s risk-management policy at the Oct. 20 work session.
Representatives from WHA Insurance reported 143 claims over the past six years with total incurred costs of roughly $2.97 million, averaging…
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