Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Risk Management topic
No spam. Unsubscribe anytime.
Okaloosa schools review insurance market risks and workers—comp trends; 25 staff injuries from student contact reported
Summary
Risk-management staff briefed the board on property/casualty and workers—comp exposures, saying an insurance renewal is pending and noting 25 staff injuries attributed to students in the last fiscal year.
Miss Kato, risk-management staff for Okaloosa County School District, told the school board on Feb. 10 that the district's property/casualty and workers' compensation renewals will be affected by national market factors and local exposure data.
"We call them FSBIT," Kato said, referring to the Florida School Boards Insurance Trust, which handles claims administration, loss-control training and market access for districts. She said the district recently submitted updated square-footage and property values for the renewal process.
Kato outlined the district's claims process: district staff gather police reports, photographs and videos, submit the information to the trust and pursue subrogation where other insurers are responsible. She also presented the district's top 10 workers' compensation causes for the fiscal year and said the single largest category in incident count was staff struck or injured by students.
"That red slice represents teachers that are being struck or injured by students," Kato said, noting 25 such incidents in the last fiscal year.
Board members asked for historic comparisons. "How does that look compared to past years?" Dr. White asked; Kato said she would provide multi-year data. Kato said some of the incidents are concentrated in specific classrooms and programs and that district legislative priorities include addressing student behavior issues.
Board member Mr. Spolsky praised the district's work. "I truly personally appreciate the fact that as a school district we have taken risk management to a new level," he said, thanking Kato for elevating the program.
Kato noted district property values used in the prior renewal were approximately $1,100,000,000 and that recent increases in property valuation will affect premiums. She also described market disruptors including inflation, auto/technology changes and catastrophic liability losses.
The presentation included references to a recent Florida School Boards Insurance Trust winter conference and a Department of Education Office of Safe Schools briefing by Darren Norris; Kato said written materials from those presentations were included in the board packet and offered to meet one-on-one with board members to review detail.
The board did not take formal action during the presentation. Kato said staff will supply requested historical comparisons and will report back when the district's renewal figures arrive.
