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Marshall County board approves workers' compensation renewal with EMC at $176,043
Summary
The Marshall County Board of Supervisors voted to renew the county's workers' compensation coverage with EMC at a quoted premium of $176,043, following a presentation that compared market bids and explained changes to discretionary credits under IMWCA.
The Marshall County Board of Supervisors voted to approve a workers' compensation insurance renewal with EMC at a quoted premium of $176,043, effective July 1, 2026, and authorized the chair to sign the renewal.
The decision followed an extended presentation by an insurance consultant identified in the record as Mister Shoma, who told the board that the county's prior coverage through IMWCA (a pooled provider) had seen discretionary premium credits reduced on renewal. "Last year, there were 25% discretionary credits on the policy. There were only 15 offered to us on renewal," Shoma said, adding that the change would substantially increase the county's premium and prompted the county to solicit quotes from other carriers.
Shoma said EMC lowered its initial quote during the solicitation and offered a dividend plan that could return a portion of premiums based on favorable loss experience. "EMC has reduced their bid now to $176,043," he said. He also told the board the county's work-comp dividend program could recover "up to 22% of that or about $35,000, in a good year." Shoma cautioned that while EMC's quoted Part B (employer's-liability) limits would be lower than the county's current $5 million with IMWCA, the quoted $2.5 million limits remain higher than those carried by many municipalities.
Board members pressed the presenter on technical mechanics that affect the county's modification factor (the "mod") and the role of ERM6 documentation in establishing a mod with the National Council on Compensation Insurance (NCCI). Shoma said both EMC and another bidder (ProVisor) agreed to waive the ERM6 requirement and hold the mod at 1.0 for three years while a new mod is established, which he said would blunt the effect of a recent large claim that otherwise would raise the county's mod.
Following the discussion a supervisor moved to approve the EMC renewal; the motion was seconded and carried on a roll-call vote in which the supervisors voting on the record supported the motion.
The renewal is effective July 1, 2026. The county recorded the motion and authorized the chair to sign the renewal agreement.
