You may recall that DeKalb would like to join the Municipal Insurance Cooperative Agency (MICA) instead of continuing to self-fund its liability “insurance,” but MICA calculated the premium at $1.1 million per year up front and we can’t seem to find the money. The premium was based in part on a five-year average of actual annual liability losses including Workers’ Comp, FY05-09.
There’s been a lot of talk about Workers Compensation and state workers, so I finally got around to asking for some payment records from the City of DeKalb’s Workers Comp Fund (and as soon as I did, an incumbent candidate for alderman suddenly made an issue of it).
Bottom line: Since January 1, 2005, DeKalb has paid out $2.7 million to more than 50 employees.
Click once on any photo to access the album, then a second time for a nice big image.