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Council briefed on workers’ compensation premium estimate and seeks extension on liability coverage
Summary
Staff told council the city received an estimated Bureau of Workers' Compensation retro program premium of $233,851 and will ask to extend Selective liability coverage through Sept. 1 at an estimated cost of roughly $25,000 per month; legislation is planned for Monday's agenda.
Finance staff told the City Council at the June 17 work session that the city was invited to participate in the Ohio Public Treasurers Retro Group for workers' compensation coverage and that an estimated premium for the program is $233,851 for 2026.
Katie Nisling, who presented the items, said the retro group offered the city a contractual arrangement and that Sedgwick — the city's third-party administrator (TPA) for claims management — would continue to serve. Nisling said the…
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