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MCIT executive director briefs county board on insurance trends, dividends and risk services
Summary
Gerd Clabaugh of the Minnesota Counties Intergovernmental Trust (MCIT) gave the board an overview of MCIT services, recent dividends, reinsurance strategy and cyber and safety supports; Carver County’s workers’ comp mod rate was noted as favorable.
Gerd Clabaugh, executive director of the Minnesota Counties Intergovernmental Trust (MCIT), presented the MCIT member report to the Carver County Board, outlining the pool’s role as a public risk‑management entity, recent financial performance and resources available to member counties.
Clabaugh described MCIT as a member‑owned joint powers entity that provides workers’ compensation, property and liability coverage and a suite of risk management services. He said the board of MCIT has in…
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