Laserfiche WebLink
LAKGE COUNTIES L%ABILIT¥ <br /> AND <br />PROPERTY SELF PUNDED PLAN <br /> <br />I. Hain Reason to Self Fund Liabilit~ is Control <br /> <br />A. Adjuster <br />B. Defense A~torney <br /> Se=clement Authority <br />D. Deulal of Liability <br />E. Honey <br /> 1. Interest <br /> 2. All Savings Benefit the Count~ <br /> <br />A. Retention $50,000 per AccidenK <br />B. Excess Insurance $1,950,000 per Accident <br />C. local Liabili~y $2,000,000 per Accident <br />O. ALAE - Defeu~e Cost i Adjusting Expenses <br /> tncluded in Limit <br /> <br />III. <br /> <br />gxce~s Property Insurance <br /> <br />A. Retention $100,000 per Accident <br /> Annual Ag§re,ate Retention of $300,000 for <br /> all Insured Property Losses, then Insurance <br /> Pays all Losses Over <br />C. Vehicles on Premise - Insured; <br /> While on the Road - 5ely Punded <br />B. Insurance Company Adjuster <br /> <br />IV. Procedure <br /> <br />A. Establish Noc for Profit Governmental Corporation <br />B. Each County Appoints a Board Hemher Co Adopt Rules <br />C. Each County has a Liability Fund in the Corporation <br />O. Joint Property Fund (with a Balance + for each County) <br /> Board ~lec~$ Officers, includin$ a T~easurer who Invests <br /> ~u~ds (Based on NC La~) <br />F. Select Liability Adjuster <br />G, ~elec: Secretary to Eandle tdminis~ratiou <br /> <br />02/08/97 <br /> <br /> <br />