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Committee tasks Mary Collins to study consolidating Workers' Comp and property insurance
Summary
Mary Collins briefed the committee on the department's split insurance history and will research whether consolidating Workers' Compensation and property coverages under a single carrier is feasible; the committee prioritized coverage scope and cost in that review.
Mary Collins provided a brief history explaining that different insurers currently cover Workers' Compensation and property for the department. She suggested now might be a good time to examine whether consolidation under a single carrier would be beneficial.
The committee asked Mary to research coverages and costs and return with findings for the SB to decide. Any recommendation will weigh the scope of coverage and premium impact; no changes were made at the meeting.
