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HomeMy WebLinkAbout1994-08-30 - Personnel-Risk Management Committee Meeting Minutes 1 ' ITEM NO. Iq ' AGENDA REPORT DATE: September 8, 1994 ' TO: President and Members of the Board FROM: Personnel-Risk Management Committee ' SUBJECT: Summary Minutes of the Personnel-Risk Management Committee Meeting ' The Personnel-Risk Management Committee held a meeting at 8:30 a.m. on August 30, 1994. Present were Carl T. Scanlin, Sterling L. Fox, William Robertson and Michael Payne. The following items were discussed at the meeting: 1. Discussion of Liability Insurance Premiums-Coverage with ACWA/JPIA and Sequoia Insurance. Mr. Payne facilitated a lengthy report ' on the method used by ACWA/JP1A to calculate the District's annual Liability Insurance premiums. Mr. Payne then reported that because of the District' recent claims history and "experience modification" factors, the 1994-95 ACWA ' premium will be higher than approved in the Budget. The annual ACWA/JPIA premium will be presented for action by the full Board of Directors at the September 8, meeting. ' Mr. Payne then reviewed the Sequoia Insurance coverage and premiums. The annual cost for Sequoia insurance is less than the amount in the adopted Budget. ' 2. Report on Insurance Retentions-Catastrophic Restoration Reserves. At a prior Risk-Management Committee meeting the Committee asked if the District could reduce liability insurance premiums by applying the Catastrophic ' Restoration Reserve toward a self insurance. Mr. Payne reported that ACWA/JPIA's insurance premium is based on a $25,000 self insurance retention and is not affected if agencies have more than that set aside. Mr. Payne went on to report that ACWA/JPIA could believes they could reduce the District's total annual ' insurance costs if they provided 100% of the District's insurance service (which would include Workers Compensation and General coverage) instead of just the liability insurance. Mr. Payne will investigate changing over to ACWA/JP1A ' during the next six months and report back to the Committee. 3. Status Report on Risk Management Activities. Mr. Payne presented a status report on claims filed against the District, claims filed by the District against others and Workers Compensation claims. Mr. Payne departed at this point in the meeting. ' 4. Discussion of General Manager COLA adjustment. Mr. Robertson reported the July 1, 1994, COLA adjustment for District employees was not ' automatic for his position. The Committee discussed the matter and requested that the General Manager conduct a survey of comparable agencies before the District give further consideration to this matter.