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Franklin County notifies risk pool of intent to withdraw after 55% premium spike
Summary
County staff announced a formal 12-month notice to withdraw from its liability risk pool after receiving a 55% premium increase that the administrator said totals nearly $700,000 and has forced immediate operational cuts and staff reductions by attrition.
County Administrator Mister Danzel told the Board of Commissioners the county delivered a formal 12-month notice to its insurance risk pool because of a sudden 55% increase in the county's annual premium, which he said totals nearly $700,000.
"The 55 increase in our premium totaling nearly $700,000 has forced the county to make severe and…
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