Construction projects for public entities, whether it’s a new build, remodel, or repair—carry a multitude of risks. These projects often involve complex regulations, multiple stakeholders, tight deadlines, and significant investments. One crucial aspect that should never be minimized is addressing risk financing (coverage) and risk transfer (contracts). Neglecting to properly [...]
“Combat” is, sadly, an appropriate verb to describe what public entities must engage in as they battle the spiraling cost of insurance. The public sector seems constantly pressed to “do more” and often with less. So, having to redirect funds to cover the ever-increasing insurance premiums that would otherwise support [...]
“Combat” is, sadly, an appropriate verb to describe what public entities must engage in as they battle the spiraling cost of insurance. The public sector seems constantly pressed to “do more” and often with less. So, having to redirect funds to cover the ever-increasing insurance premiums that would otherwise support [...]
In today’s fast-paced and ever-changing environment, managing risk is more critical than ever. Whether you’re providing labor, behind the wheel, or in the office, risk is always right around the corner. One of the most effective ways to safeguard your organization and minimize potential threats is through training. Here's why [...]
Just this weekend, I was walking my dog when it hit me... Or… I hit it… the ground that is. Complete with mud on my hands, knees, and ego because of course a car was driving by and witnessed everything. In my case, a little precaution could have saved me from [...]
As we approach 2025, public agencies in California are preparing for a wave of new legislation that could impact operations, policies, and procedures. This post highlights a handful of key bills that may affect your agency. It’s important to note that this overview highlights only a portion of the many [...]
At their May board meeting, the GSRMA Board analyzed GSRMA’s 24/25 Actuarial studies for both the General Liability and Workers’ Compensation programs. They then applied the current funding levels of the pool against the Capital Target Reserve policy to determine if there were funds available for a dividend. Based on the [...]
Change is often good…but rarely easy! That pretty much sums up our recent foray into software and systems upgrades! The Need for Upgrade We started our journey over two years ago. We had been using the same claims and pool management programs for more than twelve years. And we originally [...]
The insurance landscape across the United States, particularly in California, is in turmoil. What's increasingly being referred to as a 'crisis' has evolved over recent years and shows little sign of easing. A mix of natural disasters, large legal settlements, challenging regulations, and inflation has led to an unstable insurance [...]