Seattle Schools Work Session/Committee Meeting Updates
The Work Sessions scheduled for today now have their agendas available. One is the Risk Management ; Insurance Coverage Review. On the face of it, this department seems to be doing a good job. I only say "seems" because insurance is not my area so it's hard to discern any issues. Two items of note: Page 6 about Liability Coverage Seattle Public Schools’ experience – One claim in excess of $10 million (athletic injury) – One claim in excess of $5 million (sexual abuse) – Excluding the above, annual liability claims paid by WSRMP since 2006 have ranged from $21,431 to $112,358, average $34,280. Page 11 - Current Property Coverage • Is it “enough”? – Maximum probable loss • Dunlap + South Shore + South Lake + Rainier Beach (under $200 million replacement cost ) I don't know what this means - I'm assuming it's some kind of example but I'm not sure ...