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Itasca to join Intergovernmental Risk Management Agency, approves retroactive tail coverage
Summary
The Village voted to join the Intergovernmental Risk Management Agency (IRMA), to appoint Jennifer Mitchell as delegate (with Cindy Slowinski as alternate), and to purchase retroactive 'tail' claims coverage effective 05/01/2022 through 04/30/2028 to cover occurrences prior to the new policy.
The Village Board approved joining the Intergovernmental Risk Management Agency (IRMA) and purchasing retroactive tail coverage for claims‑made policies at its Nov. 5 meeting.
Trustee Powers described the benefits of joining the pooled risk agency — including broader coverage and a projected reduction in premiums — and introduced an ordinance to authorize…
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