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LGLP executive outlines liability coverage, rate method and deductible options to Fremont County
Summary
Tory Racinas, executive director of the Local Government Liability Pool (LGLP), briefed commissioners on coverage limits, the formula for member contributions and new deductible options including a $10,000 tier; staff estimated the county's contribution under different deductible choices.
Tory Racinas, executive director of the Local Government Liability Pool (LGLP), gave commissioners an overview of the pool's coverage, limits and how member contributions are calculated.
Racinas explained LGLP provides liability coverage and claims administration for local governments but does not provide property coverage. "We provide the attorney to defend you. And if there's judgment against you, we provide the indemnification…minus a deductible which you guys choose," Racinas said.
She described how contributions are determined actuarially using an entity relativity rate multiplied by payroll (payroll divided by 1,000 multiplied by the entity rate). Racinas said the pool had adjusted its confidence level from 90% historically to 75% for the coming cycle and that deductible credit levels changed; LGLP added a $10,000 deductible option this year with an estimated 24.5% credit. She provided example figures showing Fremont County's 2024 contribution at $112,261 and estimated 2025 contributions of about $108,000 at the same deductible or approximately $99,000 if the county selected the $10,000 deductible (assuming a 2% payroll increase).
Racinas also reviewed common exclusions (breach of contract, inverse condemnation and injunctive relief) and urged counties to use LGLP loss‑prevention services and pre‑claim consultations for employment and HR matters. Commissioners asked how LGLP staff could consult with county attorneys; Racinas said LGLP can consult on liability exposure and best practices but does not give legal opinions.
No action was taken; commissioners requested the rate documents and follow‑up materials to inform the county's insurance budget and deductible decision.
