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MCIT risk‑pool official briefs county on membership, trends and loss‑control services
Summary
Richard Mehee of MCIT outlined the joint powers risk‑sharing pool's structure, rising insured values, approaches to reinsurance and loss control, and county work‑comp scores; Benton County was commended for a strong workers' compensation record.
Richard Mehee, risk management consultant with the Minnesota Counties Intergovernmental Trust (MCIT), briefed the board on MCIT operations, coverage trends and risk‑management services.
Mehee described MCIT as a risk‑sharing joint powers entity that acts like an insurance pool for about 500 members, including 81 of Minnesota—s 87 counties; Benton County has been a member for about 40 years. He explained that members pay contributions rather than premiums, MCIT buys reinsurance for catastrophic losses, and dividends are returned when financially prudent.
Why it matters: MCIT aims to limit rate volatility by adjusting retentions and encouraging loss control. Mehee noted that total insured values in the pool have grown substantially and that MCIT adjusted its reinsurance and self‑insured retention approach to limit premium growth. He emphasized preventive engagement with members and noted that Benton County—s workers' compensation score was 1.028 (1.0 is the target), and that Benton was recently recognized for strong work‑comp performance.
Mehee also discussed cyber liability trends, saying frequency of incidents has risen while severity has decreased recently due to better defenses and fewer ransomware claims in 2024 among the pool. He promoted MCIT services including employee assistance programs, online peace officer training and loss‑control resources.
Outcome: informational. Commissioners thanked MCIT for the update, asked questions about comparative scoring and county placement, and congratulated county staff for recent recognition on work‑comp performance.
