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Board approves workers’ compensation renewal; district reports low claims and modest premium increase
Summary
The board approved renewal of workers' compensation insurance for 2025–26. Staff said the district’s low claims history keeps the modification rate below 1, though payroll increases produced a projected 3.2% premium rise.
The Columbia Heights board approved the district’s workers’ compensation insurance renewal for the 2025–26 policy year, after a staff presentation that credited low claims for favorable modification-rate treatment and noted a modest premium increase tied to payroll growth.
Finance staff said the insurer calculates premiums using claims over a three-year lookback; a low claims history yields a modification rate below 1 and reduces premium costs. The presentation noted that if claims remain low this fiscal year, the modification rate could fall further, but increasing payroll means the overall premium may still rise. Staff reported a projected 3.2% increase in the workers’ compensation premium for the coming year.
Board members praised the district’s safety work—slips, trips and falls mitigation, mock OSHA reviews and other risk-control activities—and asked for continued emphasis on preventing injuries. The board voted to approve the renewal; the motion carried.
