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Finance committee recommends county shift to first‑dollar insurance coverage
Summary
The DeWitt County Finance Committee on Nov. 17 voted to recommend that the full county board move from partial self‑insurance to first‑dollar coverage for liability, workers' compensation, property and unemployment after hearing renewal options from an insurer representative.
The DeWitt County Finance Committee voted Nov. 17 to recommend that the full county board switch to first‑dollar coverage for liability, workers' compensation, property and unemployment. Jay Peterson presented renewal options; the minutes state the county is currently self‑insured for the first $250,000/$350,000 for liability and workers' compensation with ICRMT and that ICRMT recommended switching to first‑dollar coverage and including the property policy currently held with Pekin.
The committee approved the recommendation by motion (Terry Ferguson moved; Megan Myers seconded) and carried it by voice vote. The change would move the county away from a self‑insured retention model toward full coverage at the first dollar for the identified lines; the recommendation will be considered next by the full county board.
