Green Cove Springs, Florida
Agenda Item #22
Item Title
C-25 Agreement between Clay County School Board and Risk Consulting Services, Inc. to perform the Actuarial Study of our Workers' Compensation, Automobile and General Liability Self-Insurance Claims Fund
Issue/Rationale
To determine actuarially sound loss fund reserves for the School Board self-funded insurance programs.
The School Board should continue contracting for actuarial services on an annual basis as a prudent business and financial policy.
Recommended Action
Approve the fee for 2014 - 2015
Financial Impact
$11,000 for 2014 - 2015
Submitted By
Dr. George F. Copeland, Assistant Superintendent for Business Affairs
Data Source: Sharon Nellis, Insurance Specialist, Risk Management Coordinator
Attachment: S. Nellis - Actuarial Analysis 2014.pdf