Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Insurance topic
No spam. Unsubscribe anytime.
Committee approves renewal of county excess workers' compensation insurance with $112,420 premium increase
Summary
The Audit and Finance Committee approved the county’s annual excess workers’ compensation insurance renewal with Safety National, noting a premium increase of $112,420.
The Albany County Audit and Finance Committee unanimously approved renewal of the county’s excess workers’ compensation insurance policy with Safety National, with staff noting an annual premium increase of $112,420.
Shannon Coefill, acting commissioner of human resources, requested committee approval for the excess insurance that covers county self-insured workers’ compensation claims exceeding the county’s specific cost limits. Coefill said the policy renews annually and described the requested appropriation as necessary to cover the premium increase.
Committee members moved and seconded the motion; the committee recorded unanimous approval.
