Jim Elledge

The meeting included a strategic planning recap, an update on the feasibility of insurance captive formation, and a review of liability program market conditions and claims processing improvements. The Committee approved the creation of a full-time Claim Representative position to support first-party claims management. Additionally, the Committee discussed the potential addition of a dedicated internal Risk Control staff position and new service offerings to enhance risk management service delivery.

The Executive Committee meeting focused on several key items, including proposals for new risk management services through KYND for cyber risk and Evident for automated insurance certificate tracking. The committee also considered the creation of a new Senior Risk Control Specialist position, including job analysis and salary range. Updates were provided on the formation of an insurance captive, with decisions made regarding the captive's domicile in Utah, naming options, and board composition. Additionally, the committee reviewed the 2026-27 captive operating budget, recommended service team partners for the captive, and adjusted the Liability Defense Panel by approving new additions and the removal of certain defense attorneys.

The committee conducted strategic planning to align the organization's future, retooling the mission and vision, and reviewed the organizational year in review, including financial performance, operational improvements, and audit achievements. Key actions included the election of the President and Vice President for the calendar year, the expansion of the liability defense panel, the approval of a delayed increase to the member retained limit for the City of Victorville, and the adoption of revisions to the cost allocation methodology policy. Additionally, the committee discussed liability program coverage, risk financing alternatives, including the potential development of a captive insurance company, and set property value trend factors for the property program renewal. The committee also reviewed results from an excess workers' compensation claims audit and received a report on the completed sale of a property in Palm Desert.

The Executive Committee discussed and approved recommendations for Member Retained Limits (MRL) in the liability and workers' compensation programs, including specific increases for various members effective for the 2026-27 period. The committee also evaluated the results of a membership survey regarding subrogation services, ultimately approving the implementation of in-house subrogation services as part of first-party property and auto physical damage claims handling. Additionally, the committee entered a closed session to review a liability program settlement report, discuss specific legal litigation, and deliberate on real property negotiations.

The Board conducted a meeting focused on administrative and financial oversight. Key actions included electing members to the Executive Committee, appointing the Treasurer and Auditor, and reviewing actuarial funding studies for the Liability, Workers' Compensation, Property, and Auto Physical Damage programs, with specific approvals made regarding funding levels and member retained limits. The Board also reviewed financial reports, including the Annual Comprehensive Financial Report and investment portfolio performance. Furthermore, the meeting addressed the Liability Program's transition to in-house claims management, analyses of Employment Practices Liability coverage, and the ratification of budget premium adjustments. Finally, the Board recognized member achievements with Risk Management Awards and discussed efforts related to dangerous conditions and law enforcement liability mitigation.