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BRENDA W. BROWN <br />-- JOHN A. COCKLEREECE, CLU <br /> GLENN CORPENING, III, CPCU, ClC <br /> WOODROE HAYWOOD, CPCU <br /> KEN HUCKS, CLU, ChFC <br /> KEN McLAMB <br /> HERB REESE <br /> <br /> P.O. BOX 3015 <br />GREENSBORO, NORTH CAROLINA 27402 <br /> GREENSBORO TELEPHONE 373-5862 <br /> HIGH POINT TELEPHONE 819-5862 <br /> FAX (910') 373-5858 <br /> <br />January II, 1994 <br /> <br /> WAYLAND MOORE <br /> Chairman <br /> <br />SHIRLEY Q. RAY, CPCU, ARM, CPIA <br /> Vice Chairman <br /> <br /> EVERETTE ARNOLD, CPCU, ARM <br /> Executive Director <br /> <br /> DAVID A. FLIPPIN, CPCU <br /> Assistant Director <br /> <br />CABARRUS COUNTY <br /> <br />I993 Pool Premiums: $284,693 + $30,000 Medical Malpractice <br /> <br />Proposed 1994/1995 Excess Liability and Property Fund: <br /> <br />$165,000 <br /> 44,400 <br />$209,400 <br /> <br />Liability Contribution <br />Property Contribution <br />Total Liability/Property Fund <br /> <br />$100,000 <br /> I0,000 <br />$ltO,O00 <br /> <br />In-House Liability Reserve <br />In-House Property Reserve <br />Total In-House Reserve <br /> <br />$3t9,400 Total 1994/1995 Budget <br /> <br />Liability Losses: <br /> <br /> BUDGET RESERVE <br />YEAR LOSSES COST SAVINGS <br />92/93 $136,645 $319,400 $953,355 <br />91/92 19,529 228,929 825,000 <br />90/91 68,044 277,444 660,000 <br />89/90 34,096 243,496 495,000 <br />88/89 34,962 244,362 330,000 <br />87/88 20,791 230,119 165,000 <br /> <br />Liability Losses 1987/1993: <br />Property Losses 1987/1993: <br /> Total <br /> <br />$314,067 <br /> 61,441 <br /> <br />$375,508 <br /> <br /> <br />