BURLINGTON COUNTY INSURANCE COMMISSION AGENDA AND … · 2018-05-10 · H - Sunbelt Rentals Inc. I...

BURLINGTON COUNTY INSURANCE COMMISSION

AGENDA AND REPORTS

MAY 3, 2018

COUNTY ADMINISTRATION BUILDING

FREEHOLDER CONFERENCE ROOM 1

FIRST FLOOR

49 RANCOCAS ROAD

MT. HOLLY, NJ 08060

2:00 PM

OPEN PUBLIC MEETINGS ACT - STATEMENT OF COMPLIANCE

In accordance with the Open Public Meetings Act, notice of this meeting was given by:

I. Advertising the notice in the Burlington County Times

II. Filing advance written notice of this meeting with the Commissioners of the

Burlington County Insurance Commission; and

III. Posting notice on the Public Bulletin Board of the Office of the County Clerk

2


AGENDA

OPEN PUBLIC MEETING: May 3, 2018

49 RANCOCAS ROAD

MT. HOLLY, NJ 08060

2:00 PM

MEETING CALLED TO ORDER - OPEN PUBLIC MEETING NOTICE READ

ROLL CALL OF COMMISSIONERS

APPROVAL OF MINUTES: March 1, 2018 Open Minutes ................................Appendix I

March 1, 2018 Closed Minutes ................................. Handout

CORRESPONDENCE:

COMMITTEE REPORTS

Safety Committee: ....................................................................................................... Verbal

Claims Committee: ..................................................................................................... Verbal

EXECUTIVE DIRECTOR/ADMINISTRATOR – PERMA ...................................... Pages 4-18

TREASURER – Edward J. Troy Resolution 29-18 April P&C Bill List - Confirmation ............................................................... Page 19

Resolution 30-18 April Health Bill List - Confirmation .................................................... Pages 20-21

Resolution 31-18 May P&C Bill List ......................................................................................... 2

Resolution 32-18 May Health Bill List ................................................................................Pages 23-24

February Treasurer Monthly Reports ..................................................................................Pages 25-26

ATTORNEY – Robert A. Baxter ....................................................................................... Verbal

CLAIMS SERVICE – PMA Management Corp.

Monthly Report......................................................................................................... Appendix I1

CEL SAFETY DIRECTOR – J.A. Montgomery Risk Control

Monthly Report.......................................................................................................... Pages 27-28

Safety Director Bulletin – Comprehensive Playground Inspection Program ................ Pages 29-31

BRIT Safety Grant Program ....................................................................................... Pages 32-33

OLD BUSINESS

NEW BUSINESS

PUBLIC COMMENT

CLOSED SESSION

Resolution 33-18 Closed Session……….................……………………………….…..Page 34 Motion for Executive Session (in accordance with the Open Public Meetings Act, N.J.S.A. 10:4-12)

Motion to Return to Open Session

MEETING ADJOURNMENT

NEXT SCHEDULED MEETING: June 7, 2018 COUNTY ADMINISTRATION

BUILDING, 49 RANCOCAS ROAD, MT. HOLLY NJ 08102, 2:00 PM

3


9 Campus Drive, Suite 216

Parsippany, NJ 07054

Telephone (201) 881-7632 Fax (201) 881-7633

Date: May 3, 2018

Memo to: Commissioners of the Burlington County Insurance Commission

From: PERMA Risk Management Services

Subject: Executive Director's Report

Certificate of Insurance Issuance Report (Pages 4-6) – Attached on pages 4-6 of the agenda

is the certificate of issuance report from the NJCE listing the certificates issued for the months

of February & March. During February there were 10 certificates issued and for March 3

certificates were issued.

Motion to approve the certificate of insurance report

Board of Social Services Medical Malpractice Insurance – The Board of Social Services

has opted to place their Medical Malpractice Insurance in the NJCE Program. Coverage was

bound effective April 25, 2018 with Ironshore Specialty Insurance Company for $11M each

claim/$13M aggregate for a total price of $12,500. Endorsements will be issued to the NJCE

policies and the budget amended accordingly.

Motion ratifying the NJCE Underwriting Manager binding Medical Malpractice

Insurance with Ironshore Specialty Insurance Company effective April 25, 2018

for the Board of Social Services

NJ Counties Excess Joint Insurance Fund (Pages 7-8) – The NJCE met on April 26, 2018. A

summary report of the meeting is included in the agenda on pages 7-8. The NJCE will meet again

on June 28, 2018 at 1:00 PM at the Camden County College Regional Training Center.

BCIC Financial Fast Track (Pages 9-10) – Included in the agenda on pages 9-10 is a copy

of the Financial Fast Track as of February 28, 2018.

NJCE Property and Casualty Financial Fast Track (Pages 11-12) – Included in the agenda

on pages 11-12 is a copy of the NJCE Financial Fast Track Report for February. As of

February 28, 2018 the NJCE has a surplus of $10,515,477. The cash amount is $19,331,388.

Claims Tracking Reports (Pages 13-15) – The Claims Tracking reports are on pages 13-15

of the agenda. The Executive Director will review the Claims Activity Report and Expected

Loss Ratio Analysis Report as of March 31, 2018 with the Commission.

2018 Property & Casualty Assessments – The second Property & Casualty Assessment

payment is due on May 15, 2018. Payments should be sent to the Commission Treasurer, Ed

Troy.

Health Benefits Report – The Health Benefit Report starts on page 16.

Burlington County Ins. Comm. From 2/1/2018 To 2/28/2018 Certificate of Insurance Monthly Report

4

Holder (H)/ Insured Name (I)

Holder / Insured Address

Description of Operations

Issue Date/ Cert ID

Coverage

H - New Jersey Historic Commission I - County of Burlington

Department of State 225 State Street, PO Box 305 Trenton, NJ 08625

Company D: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/18 to 1/1/19 Policy #SP4056379 Evidence of insurance. All operations usual to County Governmental Entity as respects to Grant for County History Partnership Program (CHPP) FY18

2/1/2018 #1850061

GL AU EX WC OTH

H - Interstate Aerials I - County of Burlington

313 Borelli Boulevard Paulsboro, NJ 08066

Company D: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/18 to 1/1/19 Policy #SP4056379 Evidence of insurance as respects all operations usual to County Governmental Entity.

2/1/2018 #1850735

GL AU EX WC OTH

H - Mount Holly Township I - County of Burlington

23 Washington Street, PO Box 411 Eastampton, NJ 08060

Company D: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/18 to 1/1/19 Policy #SP4056379 Evidence of insurance. All operations usual to County Governmental Entity as respects to 102 Levis, Block 12.04 Lot 4, 104 Levis, Block 12.04 Lot 3, 106 Levis, Block 12.04 Lot 4 will be used a temporary parking for County vehicles

2/2/2018 #1851262

GL AU EX WC OTH

H - Mount Holly Township I - County of Burlington

23 Washington Street, PO Box 411 Mt. Holly, NJ 08060

Company D: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/18 to 1/1/19 Policy #SP4056379 Evidence of insurance. All operations usual to County Governmental Entity as respects to 102 Levis, Block 12.04 Lot 4, 104 Levis, Block 12.04 Lot 3, 106 Levis, Block 12.04 Lot 4 will be used a temporary parking for County vehicles

2/5/2018 #1851418

GL AU EX WC OTH

H - State of New Jersey I - County of Burlington

PO Box 420 Trenton, NJ 08625

Company D: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/18 to 1/1/19 Policy #SP4056379 Evidence of insurance. All operations usual to County Governmental Entity as respects to the CEHA Grant

2/5/2018 #1853178

GL AU EX WC OTH

H - State of New Jersey, Dept of

Environmental Protection PO Box 420

Company D: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x

2/5/2018

GL AU EX WC OTH


5

I - County of Burlington Trenton, NJ 08625

$1,000,000 Policy Term 1/1/18 to 1/1/19 Policy #SP4056379 Evidence of insurance. All operations usual to County Governmental Entity as respects to the CEHA Grant

#1853182

H - Educational & Training Center I - County of Burlington

McGuire AFB Building 3829 McGuire , NJ 08641

Company D: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/18 to 1/1/19 Policy #SP4056379 Evidence of insurance. All operations usual to County Governmental Entity as respects to use of facilities by the Burl. Co. WIC Program on the third Friday of the month from 9:00AM-4:00PM.

2/14/2018 #1857676

GL AU EX WC OTH

H - Mt Laurel MUA I - County of Burlington

1201 S Church St Mt. Laurel, NJ 08054

Company D: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/18 to 1/1/19 Policy #SP4056379 Evidence of insurance. All operations usual to County Governmental Entity. 30 Days Notice of Cancellation applies.

2/28/2018 #1864022

GL AU EX WC OTH

H - Delaware County Regional Water I - County of Burlington

Quality Control 100 East Fifth Street Chester, PA 19013

Company D: XS Worker Compensation Statutory x $1,000,000 XS Employers Liability $5,000,000 x $1,000,000 Policy Term 1/1/18 to 1/1/19 Policy #SP4056379 Evidence of insurance

2/28/2018 #1865110

GL AU EX WC OTH

Total # of Holders: 10


6

Holder (H)/ Insured Name (I)

Holder / Insured Address

Description of Operations

Issue Date/ Cert ID

Coverage




3/1/2018 #1866279

GL AU EX WC OTH



Evidence of insurance 3/1/2018 #1866285

OTH

H - Sunbelt Rentals Inc. I - County of Burlington

1275 W. Mound Street Columbus, OH 43223


3/28/2018 #1878795

GL AU EX WC OTH

Total # of Holders: 3

7

NEW JERSEY COUNTIES EXCESS JOINT INSURANCE FUND

9 Campus Drive – Suite 216

Parsippany, NJ 07054-4412

Telephone (201) 881-7632 Fax (201) 881-7633

Date: April 26, 2018

To: Burlington County Insurance Commission


Subject: New Jersey Counties Excess Meeting Report

Financial Audit as of December 31, 2017: Submitted for information only was correspondence

from the Bowman & Company, Fund Auditor, noting their firm’s engagement to conduct the audit

of financial statements as of 12/31/17.

Fund Commissioner/Amending Authorized Signatories: As of March 28, 2018 Commissioner

Timothy Sheehan is the NJCE Fund Commissioner representing the County of Gloucester. The

Board of Fund Commissioners adopted a Resolution amending the Designating Authorized

Signatures for Bank Accounts.

Professional Contracts Litigation Management: A Request for Proposals was advertised with a deadline to respond

by April 24, 2018. Fund Attorney reported a sub-committee met to review the responses from

two firms. Fund Attorney submitted a memorandum noting the committee’s recommendation

to re-appoint the firm Citta, Holzapfel & Zabarsky, P.A. for Litigation Management Services

for a one-year term based on the submitted hourly fee proposal. The Board of Fund

Commissioners adopted a resolution authorizing the professional services agreement.

Actuary: Executive Director said the Fund’s contract with The Actuarial Advantage expired

November 16, 2017 and as authorized the Fund office issued as solicitation for quotations and

The Actuarial Advantage was the only firm to respond. The Board of Fund Commissioners

adopted a resolution authorizing the professional services agreement.

Underwriting Data Validation: As previously discussed, during the 2017 budget development

the Board agreed that the Fund introduce progressive initiatives to obtain consistent and ratable

data through payroll audits, property appraisals and an online underwriting data system.

Payroll Audits: Bowman & Company has begun contacting members to perform a 2017

workers' compensation insurance exposure verification audit as part of the 2019 renewal.

Risk Management Information System (RMIS): Fund Attorney reported the scope of

services for the online RMIS is being finalized and will be issued as a competitive contracting

request for proposals. The RMIS is comprised of two components – underwriting data

collection and claims – which will be implemented over a 2-year period. Fund Attorney

submitted a resolution authorizing use of competitive contracting; once authorization is

provided the advertisement will be placed in the Fund’s official papers and a recommendation

for an award is expected to be provided at the next meeting. The Board of Fund

8

Commissioners adopted a resolution authorizing the initiation of the competitive contracting

process.

Financial Fast Track: The Financial Fast Track as of March 31, 2018 reflected a statutory surplus

of $10.7 million.

2018 Financial Disclosures: The Local Finance Board has issued the annual notice regarding filing

of the Financial Disclosure forms. Fund Commissioners and Professionals have until April 30th to

complete the filing.

Underwriting Manager

2019 Property Renewal: Underwriting Manager submitted a report noting that Zurich will be

increasing the property deductible from $100,000 to $250,000, as well as, a rate increase for

the 2019 renewal based on significant loss activity from 2015-2017; losses were primarily

driven by non-natural/catastrophic events. During the 2019 budget development process, the

NJCE can consider options to self-fund a property layer.

Membership: Underwriting Manager reported that marketing efforts have been underway to

offer membership to the County of Monmouth and the County of Essex; copies of exposure

summaries for each County were submitted for information. The Fund last adopted a

Resolution offering membership to the County of Monmouth in 2017; submitted as part of the

agenda was an amended Resolution reaffirming the Fund’s offer of membership as the County

will likely pass its own resolution to join the Fund on/before December 31, 2018. Also

enclosed was a Resolution to offer membership to the County of Essex. The Board of Fund

Commissioners adopted both resolutions.

Risk Control: Safety Director submitted a report reflecting the risk control activities from

February through May 2018 and Safety Director Bulletins distributed during that time.

Claims Status Summary: AmeriHealth Casualty Services provided a summary report, which

were reviewed during Closed Session.

Next Meeting: The next meeting of the NJCE fund is scheduled for June 28, 2018 at 1:00PM at

the Camden County Emergency Training Center.

9

AS OF

THIS MONTH YTD CHANGE PRIOR YEAR END FUND BALANCE

1. UNDERWRITING INCOME 401,526 803,052 27,173,659 27,976,711

2. CLAIM EXPENSES

Paid Claims 112,672 220,881 9,722,476 9,943,357

Case Reserves 32,259 176,240 4,023,305 4,199,545

IBNR 70,467 190,031 1,947,277 2,137,308

Discounted Claim Value (5,231) (12,647) (139,169) (151,816)

TOTAL CLAIMS 210,167 574,505 15,553,889 16,128,394

3. EXPENSES

Excess Premiums 151,882 303,763 11,140,526 11,444,289

Administrative 27,781 68,780 2,053,449 2,122,228

TOTAL EXPENSES 179,663 372,543 13,193,974 13,566,517

4. UNDERWRITING PROFIT (1-2-3) 11,696 (143,996) (1,574,205) (1,718,201)

5. INVESTMENT INCOME 5,192 10,812 106,287 117,098

6. PROFIT (4 + 5) 16,888 (133,185) (1,467,918) (1,601,103)

7. CEL APPROPRIATION CANCELLATION 0 0 4,958 4,958

8. DIVIDEND INCOME 0 0 0 0

9. DIVIDEND EXPENSE 0 0 0 0

10. INVESTMENT IN JOINT VENTURE 2,587 4,340 964,967 969,307

11. SURPLUS (6 + 7 + 8) 19,474 (128,845) (497,993) (626,838)

SURPLUS (DEFICITS) BY FUND YEAR

0 0 0 0

0 0 0 0

940 1,899 890,210 892,109

10,269 10,658 83,724 94,382

1,135 2,314 (363,955) (361,641)

403 1,817 (820,097) (818,280)

685 1,568 (358,162) (356,595)

2,082 4,250 70,288 74,538

3,961 (151,350) (151,350)

TOTAL SURPLUS (DEFICITS) 19,474 (128,845) (497,993) (626,838)

TOTAL CASH 4,218,828

2011


FINANCIAL FAST TRACK REPORT

February 28, 2018

ALL YEARS COMBINED

2010

2018

2012

2013

2014

2015

2016

2017

10

AS OF

THIS MONTH YTD CHANGE PRIOR YEAR END FUND BALANCE

CLAIM ANALYSIS BY FUND YEAR

FUND YEAR 2010

Paid Claims 0 0 0 0

Case Reserves 0 0 0 0

IBNR 0 0 0 0

Discounted Claim Value 0 0 0 0

TOTAL FY 2010 CLAIMS 0 0 0 0

FUND YEAR 2011

Paid Claims 0 0 0 0

Case Reserves 0 0 0 0

IBNR 0 0 0 0

Discounted Claim Value 0 0 0 0

TOTAL FY 2011 CLAIMS 0 0 0 0

FUND YEAR 2012

Paid Claims 0 131 1,679,399 1,679,530

Case Reserves 11,925 5,794 55,961 61,756

IBNR (11,925) (5,925) 13,507 7,582

Discounted Claim Value 0 0 (1,048) (1,048)

TOTAL FY 2012 CLAIMS 0 0 1,747,820 1,747,820

FUND YEAR 2013

Paid Claims 11,452 27,535 1,942,040 1,969,576

Case Reserves (6,212) 1,150 491,419 492,569

IBNR (15,089) (38,534) 38,534 0


TOTAL FY 2013 CLAIMS (9,849) (9,849) 2,463,383 2,453,535

FUND YEAR 2014

Paid Claims 11,923 36,107 1,909,715 1,945,822

Case Reserves (2,977) (18,906) 458,577 439,671

IBNR (8,946) (17,226) 406,842 389,616


TOTAL FY 2014 CLAIMS 0 (25) 2,759,804 2,759,779

FUND YEAR 2015

Paid Claims 9,917 18,352 1,979,610 1,997,962

Case Reserves (25,868) 9,013 1,022,104 1,031,117

IBNR 15,951 (28,403) 212,629 184,226


TOTAL FY 2015 CLAIMS 0 (1,039) 3,186,625 3,185,587

FUND YEAR 2016

Paid Claims 6,728 29,257 1,466,822 1,496,078

Case Reserves 6,727 (67,258) 1,108,490 1,041,232

IBNR (13,455) 38,002 368,196 406,197


TOTAL FY 2016 CLAIMS 0 0 2,906,777 2,906,777

FUND YEAR 2017

Paid Claims 24,493 49,332 744,890 794,222

Case Reserves (8,637) (29,398) 886,755 857,357

IBNR (16,268) (20,780) 907,569 886,790


TOTAL FY 2017 CLAIMS (412) (845) 2,489,480 2,488,635

FUND YEAR 2018

Paid Claims 48,159 60,167 60,167

Case Reserves 57,300 275,845 275,845

IBNR 120,199 262,897 262,897

Discounted Claim Value (5,231) (12,647) (12,647)

TOTAL FY 2018 CLAIMS 220,427 586,263 0 586,263

COMBINED TOTAL CLAIMS 210,167 574,505 15,553,889 16,128,394



February 28, 2018

ALL YEARS COMBINED

This report is based upon information which has not been audited nor certified by an actuary and as such may not truly represent the

condition of the fund.

11

AS OF February 28, 2018

THIS YTD PRIOR FUND

MONTH CHANGE YEAR END BALANCE

1. UNDERWRITING INCOME 1,749,866 3,499,732 118,535,964 122,035,696

2. CLAIM EXPENSES

Paid Claims 36,844 59,183 3,142,296 3,201,479

Case Reserves 76,079 76,035 3,560,908 3,636,943

IBNR 209,574 514,451 10,479,791 10,994,242

Discounted Claim Value (22,223) (44,809) (777,744) (822,553)

TOTAL CLAIMS 300,275 604,860 16,405,251 17,010,111

3. EXPENSES

Excess Premiums 1,283,040 2,566,079 82,005,406 84,571,485

Administrative 139,604 280,209 8,815,738 9,095,948

TOTAL EXPENSES 1,422,643 2,846,289 90,821,144 93,667,433

4. UNDERWRITING PROFIT (1-2-3) 26,948 48,583 11,309,569 11,358,153

5. INVESTMENT INCOME 2,629 1,283 263,592 264,876

6. PROFIT (4+5) 29,577 49,867 11,573,162 11,623,028

7. Dividend 0 0 500,000 500,000

8. Cancelled Appropriations 0 0 607,551 607,551

9. SURPLUS (6-7-8) 29,577 49,867 10,465,611 10,515,477

SURPLUS (DEFICITS) BY FUND YEAR

106 51 487,880 487,931

173 84 986,002 986,086

180 88 670,408 670,495

332 161 1,684,539 1,684,700

398 193 2,114,583 2,114,776

442 215 1,304,973 1,305,188

(1,650) (1,908) 2,228,683 2,226,775

497 244 988,542 988,786

29,099 50,738 50,738

TOTAL SURPLUS (DEFICITS) 29,577 49,867 10,465,610 10,515,477

TOTAL CASH 19,331,388

2012

NEW JERSEY COUNTIES EXCESS JIF


ALL YEARS COMBINED

2010

2011

2013

2014

2015

2016

2017

2018

12

AS OF February 28, 2018

THIS YTD PRIOR FUND

MONTH CHANGE YEAR END BALANCE

CLAIM ANALYSIS BY FUND YEAR

FUND YEAR 2010

Paid Claims 640 990 165,365 166,355

Case Reserves (640) (990) 84,636 83,646

IBNR 0 0 224,999 224,999


TOTAL FY 2010 CLAIMS 0 0 462,345 462,345

FUND YEAR 2011

Paid Claims 2,960 7,400 435,147 442,547

Case Reserves (2,962) (7,402) 341,117 333,715

IBNR 2 2 238,736 238,738


TOTAL FY 2011 CLAIMS 0 0 983,638 983,638

FUND YEAR 2012

Paid Claims 4,483 7,806 1,466,690 1,474,497

Case Reserves 517 (2,806) 180,069 177,263

IBNR (5,000) (5,000) 623,240 618,240


TOTAL FY 2012 CLAIMS 0 0 2,224,893 2,224,893

FUND YEAR 2013

Paid Claims 19,446 25,331 306,969 332,300

Case Reserves (19,447) (16,048) 752,266 736,217

IBNR 0 (9,284) 680,765 671,481


TOTAL FY 2013 CLAIMS (1) (1) 1,661,329 1,661,328

FUND YEAR 2014

Paid Claims 8,272 16,030 401,039 417,069

Case Reserves 142,166 134,408 410,814 545,222

IBNR (150,438) (150,438) 1,268,147 1,117,709


TOTAL FY 2014 CLAIMS 0 0 1,998,329 1,998,329

FUND YEAR 2015

Paid Claims 1,043 1,613 345,381 346,994

Case Reserves (30,945) (31,512) 1,255,154 1,223,642

IBNR 29,902 29,899 1,619,464 1,649,363


TOTAL FY 2015 CLAIMS 0 0 3,062,109 3,062,109

FUND YEAR 2016

Paid Claims 0 0 0 0

Case Reserves 0 0 250,120 250,120

IBNR 0 0 2,394,880 2,394,880


TOTAL FY 2016 CLAIMS 0 0 2,482,730 2,482,730

FUND YEAR 2017

Paid Claims 0 13 21,705 21,718

Case Reserves (11,811) (2,816) 286,733 283,917

IBNR 11,807 2,803 3,429,559 3,432,362


TOTAL FY 2017 CLAIMS (4) 0 3,529,878 3,529,878

FUND YEAR 2018

Paid Claims 0 0 0

Case Reserves (799) 3,201 3,201

IBNR 323,301 646,469 646,469

Discounted Claim Value (22,223) (44,809) (44,809)

TOTAL FY 2018 CLAIMS 300,280 604,861 0 604,861

COMBINED TOTAL CLAIMS 300,275 604,860 16,405,251 17,010,111

NEW JERSEY COUNTIES EXCESS JIF


ALL YEARS COMBINED

This report is based upon information which has not been audited nor certified by an actuary and as such may not

truly represent the condition of the fund.

13

AS OF March 31, 2018

C O V E R A G E L I N E - PROPERTY

C L A I M C O U N T - O P E N C L A I M S

Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 TOTAL

February-18 0 0 0 0 0 0 0 2 5 7

March-18 0 0 0 0 0 0 0 2 4 6

NET CHGE 0 0 0 0 0 0 0 0 -1 -1

Limited Reserves $33,548

Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 TOTAL

February-18 $0 $0 $0 $0 $0 $0 $0 $30,000 $147,938 $177,938

March-18 $0 $0 $0 $0 $0 $0 $0 $5,413 $195,873 $201,286

NET CHGE $0 $0 $0 $0 $0 $0 $0 ($24,587) $47,935 $23,348

Ltd Incurred $0 $0 $59,388 $0 $2,109 $166,308 $357,306 $149,695 $227,967 $962,773

C O V E R A G E L I N E - GENERAL LIABILITY


Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 TOTAL

February-18 0 0 1 2 8 14 17 35 10 87

March-18 0 0 1 0 8 8 17 35 9 78

NET CHGE 0 0 0 -2 0 -6 0 0 -1 -9


Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 TOTAL

February-18 $0 $0 $9,565 $42,064 $338,442 $351,545 $339,661 $263,230 $13,000 $1,357,507

March-18 $0 $0 $6,488 $0 $365,343 $308,762 $326,619 $263,089 $23,993 $1,294,293

NET CHGE $0 $0 ($3,077) ($42,064) $26,901 ($42,783) ($13,043) ($141) $10,993 ($63,214)

Ltd Incurred $0 $0 $462,369 $364,193 $1,277,738 $701,526 $455,053 $294,677 $24,694 $3,580,250

C O V E R A G E L I N E - AUTO LIABILITY


Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 TOTAL

February-18 0 0 0 0 6 1 4 11 6 28

March-18 0 0 0 0 1 1 3 7 5 17

NET CHGE 0 0 0 0 -5 0 -1 -4 -1 -11


Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 TOTAL

February-18 $0 $0 $0 $0 $16,390 $14,413 $25,414 $44,531 $921 $101,668

March-18 $0 $0 $0 $0 $15,080 $12,243 $27,844 $46,338 $476 $101,980

NET CHGE $0 $0 $0 $0 ($1,310) ($2,170) $2,430 $1,808 ($445) $313

Ltd Incurred $0 $0 $7,877 $41,428 $306,667 $70,020 $119,376 $137,312 $25,956 $708,636

C O V E R A G E L I N E - WORKERS COMP.


Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 TOTAL

February-18 0 0 4 9 5 13 20 25 22 98

March-18 0 0 4 10 5 13 20 19 21 92

NET CHGE 0 0 0 1 0 0 0 -6 -1 -6


Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 TOTAL

February-18 $0 $0 $52,191 $450,505 $84,838 $665,159 $676,157 $519,596 $113,987 $2,562,433

March-18 $0 $0 $50,306 $401,099 $80,347 $681,982 $724,534 $485,222 $239,498 $2,662,987

NET CHGE $0 $0 ($1,885) ($49,406) ($4,491) $16,822 $48,377 ($34,374) $125,511 $100,554

Ltd Incurred $0 $0 $1,268,668 $1,982,707 $832,480 $2,087,148 $1,699,774 $1,075,026 $291,525 $9,237,327

Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 TOTAL

February-18 0 0 5 11 19 28 41 73 43 220

March-18 0 0 5 10 14 22 40 63 39 193

NET CHGE 0 0 0 -1 -5 -6 -1 -10 -4 -27


Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 TOTAL

February-18 $0 $0 $61,756 $492,569 $439,671 $1,031,117 $1,041,232 $857,357 $275,845 $4,199,545

March-18 $0 $0 $56,794 $401,099 $460,770 $1,002,986 $1,078,996 $800,062 $459,840 $4,260,546

NET CHGE $0 $0 ($4,961) ($91,470) $21,099 ($28,131) $37,764 ($57,295) $183,994 $61,001

Ltd Incurred $0 $0 $1,798,303 $2,388,328 $2,418,993 $3,025,002 $2,631,509 $1,656,710 $570,141 $14,488,986


Burlington County Insurance Commission

CLAIM ACTIVITY REPORT

T O T A L A L L L I N E S C O M B I N E D

FUND YEARS 2015 2016 2017 2018

14


CLAIMS MANAGEMENT REPORT

EXPECTED LOSS RATIO ANALYSIS


FUND YEAR 2015 -- LOSSES CAPPED AT RETENTION

39 38 27

Budget Actual Actual Actual

31-Mar-18 28-Feb-18 30-Mar-17

PROPERTY 117,000 166,308 166,308 142.14% 117,000 100.00% 166,308 166,308 142.14% 117,000 100.00% 166,308 166,308 142.14% 117,000 100.00%

GEN LIABILITY 300,000 701,526 701,526 233.84% 275,837 91.95% 703,678 703,678 234.56% 274,148 91.38% 341,917 341,917 113.97% 248,098 82.70%

AUTO LIABILITY 68,000 70,020 70,020 102.97% 60,391 88.81% 70,020 70,020 102.97% 60,044 88.30% 70,020 70,020 102.97% 54,417 80.03%

WORKER'S COMP 1,732,504 2,087,148 2,087,148 120.47% 1,707,742 98.57% 2,063,075 2,063,075 119.08% 1,705,220 98.43% 1,889,368 1,889,368 109.05% 1,651,577 95.33%

TOTAL ALL LINES 2,217,504 3,025,002 3,025,002 136.41% 2,160,969 97.45% 3,003,081 3,003,081 135.43% 2,156,412 97.25% 2,467,613 2,467,613 111.28% 2,071,092 93.40%

NET PAYOUT % $2,022,016


27 26 15


31-Mar-18 28-Feb-18 30-Mar-17

PROPERTY 98,000 357,306 357,306 364.60% 98,000 100.00% 357,306 357,306 364.60% 98,000 100.00% 357,306 357,306 364.60% 94,503 96.43%

GEN LIABILITY 368,000 455,053 455,053 123.66% 304,333 82.70% 460,053 460,053 125.01% 300,482 81.65% 244,000 244,000 66.30% 243,129 66.07%

AUTO LIABILITY 74,000 119,376 119,376 161.32% 59,219 80.03% 116,876 116,876 157.94% 58,401 78.92% 135,464 135,464 183.06% 44,089 59.58%

WORKER'S COMP 1,789,699 1,699,774 1,699,774 94.98% 1,706,100 95.33% 1,636,873 1,636,873 91.46% 1,696,558 94.80% 1,162,803 1,162,803 64.97% 1,407,882 78.67%

TOTAL ALL LINES 2,329,699 2,631,509 2,631,509 112.95% 2,167,652 93.04% 2,571,108 2,571,108 110.36% 2,153,440 92.43% 1,899,571 1,899,571 81.54% 1,789,603 76.82%

NET PAYOUT % $1,552,513


15 14 3


31-Mar-18 28-Feb-18 30-Mar-17

PROPERTY 80,164 149,695 149,695 186.74% 77,304 96.43% 146,695 146,695 182.99% 76,985 96.03% 95,000 95,000 118.51% 18,438 23.00%

GEN LIABILITY 584,788 294,677 294,677 50.39% 386,356 66.07% 291,177 291,177 49.79% 375,418 64.20% 64,250 64,250 10.99% 35,087 6.00%

AUTO LIABILITY 102,785 137,312 137,312 133.59% 61,240 59.58% 134,812 134,812 131.16% 58,551 56.96% 37,754 37,754 36.73% 6,167 6.00%

WORKER'S COMP 1,696,635 1,075,026 1,075,026 63.36% 1,334,672 78.67% 1,093,526 1,093,526 64.45% 1,270,507 74.88% 145,098 145,098 8.55% 50,899 3.00%

TOTAL ALL LINES 2,464,372 1,656,710 1,656,710 67.23% 1,859,572 75.46% 1,666,210 1,666,210 67.61% 1,781,460 72.29% 342,102 342,102 13.88% 110,591 4.49%

NET PAYOUT % $856,649


3 2 -9


31-Mar-18 28-Feb-18 30-Mar-17

PROPERTY 102,000 227,967 227,967 223.50% 23,460 23.00% 178,405 178,405 174.91% 13,260 13.00% 0 0 N/A N/A N/A

GEN LIABILITY 713,000 24,694 24,694 3.46% 42,780 6.00% 13,000 13,000 1.82% 17,825 2.50% 0 0 N/A N/A N/A

AUTO LIABILITY 127,000 25,956 25,956 20.44% 7,620 6.00% 13,488 13,488 10.62% 3,175 2.50% 0 0 N/A N/A N/A

WORKER'S COMP 1,700,000 291,525 291,525 17.15% 51,000 3.00% 133,949 133,949 7.88% 34,000 2.00% 0 0 N/A N/A N/A

TOTAL ALL LINES 2,642,000 570,141 570,141 21.58% 124,860 4.73% 338,842 338,842 12.83% 68,260 2.58% 0 0 N/A N/A N/A

NET PAYOUT % $110,301

MONTH

TARGETED

66.64%

Current Last Month Last Year

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

91.18%


Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

34.76%


Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

4.17%


Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

FUND YEARS 2012 2013 2014

15


CLAIMS MANAGEMENT REPORT

EXPECTED LOSS RATIO ANALYSIS



75 74 63


31-Mar-18 28-Feb-18 30-Mar-17

PROPERTY 124,180 59,388 59,388 47.82% 124,180 100.00% 59,388 59,388 47.82% 124,180 100.00% 59,388 59,388 47.82% 124,180 100.00%

GEN LIABILITY 219,452 462,369 462,369 210.69% 211,765 96.50% 462,369 462,369 210.69% 211,765 96.50% 433,177 433,177 197.39% 213,143 97.13%

AUTO LIABILITY 68,206 7,877 7,877 11.55% 66,117 96.94% 7,877 7,877 11.55% 66,117 96.94% 7,877 7,877 11.55% 66,002 96.77%

WORKER'S COMP 2,058,826 1,298,935 1,268,668 61.62% 2,058,826 100.00% 1,298,685 1,298,685 63.08% 2,058,826 100.00% 1,414,085 1,414,085 68.68% 2,057,797 99.95%

TOTAL ALL LINES 2,470,664 1,828,570 1,798,303 72.79% 2,460,888 99.60% 1,828,320 1,828,320 74.00% 2,460,888 99.60% 1,914,527 1,914,527 77.49% 2,461,122 99.61%

NET PAYOUT % $1,741,508


63 62 51


31-Mar-18 28-Feb-18 30-Mar-17

PROPERTY 126,664 0 0 0.00% 126,664 100.00% 0 0 0.00% 126,664 100.00% 0 0 0.00% 126,664 100.00%

GEN LIABILITY 223,841 364,193 364,193 162.70% 217,406 97.13% 406,015 406,015 181.39% 217,406 97.13% 572,092 572,092 255.58% 215,730 96.38%

AUTO LIABILITY 69,570 41,428 41,428 59.55% 67,322 96.77% 41,428 41,428 59.55% 67,198 96.59% 41,428 41,428 59.55% 65,128 93.62%

WORKER'S COMP 1,804,203 1,982,707 1,982,707 109.89% 1,803,301 99.95% 2,119,467 2,119,467 117.47% 1,802,940 99.93% 2,103,328 2,103,328 116.58% 1,796,478 99.57%

TOTAL ALL LINES 2,224,277 2,388,328 2,388,328 107.38% 2,214,692 99.57% 2,566,909 2,566,909 115.40% 2,214,208 99.55% 2,716,848 2,716,848 122.15% 2,203,999 99.09%

NET PAYOUT % $1,987,229


51 50 39


31-Mar-18 28-Feb-18 30-Mar-17

PROPERTY 126,664 2,109 2,109 1.67% 126,664 100.00% 2,109 2,109 1.67% 126,664 100.00% 2,109 2,109 1.67% 126,664 100.00%

GEN LIABILITY 223,841 1,277,738 1,277,738 570.82% 215,730 96.38% 1,196,238 1,196,238 534.41% 215,397 96.23% 910,662 910,662 406.83% 205,812 91.95%

AUTO LIABILITY 69,570 306,667 306,667 440.80% 65,128 93.62% 306,667 306,667 440.80% 64,891 93.27% 345,205 345,205 496.20% 61,785 88.81%

WORKER'S COMP 1,690,287 832,480 832,480 49.25% 1,683,049 99.57% 832,480 832,480 49.25% 1,682,212 99.52% 787,897 787,897 46.61% 1,666,128 98.57%

TOTAL ALL LINES 2,110,361 2,418,993 2,418,993 114.62% 2,090,571 99.06% 2,337,493 2,337,493 110.76% 2,089,164 99.00% 2,045,873 2,045,873 96.94% 2,060,388 97.63%

NET PAYOUT % $1,958,223


Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

70.49%


Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

92.79%

89.34%


Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

Unlimited

Incurred

Limited

Incurred

MONTH

TARGETED

16


9 Campus Drive, Suite 216 Parsippany, NJ 07054

Telephone (201) 881-7632 Fax (201) 881-7633 Date: May 3, 2018 Memo to: Commissioners of the Burlington County Insurance Commission


Subject: Health Benefit Reports

EXECUTIVE DIRECTOR’S REPORT FINANCIAL PROCEDURES

Financial Fast Track – Attached is the health program income statement for March 2018

RDS SUBSIDY

PERMA filed the RDS subsidy application for 2017 and the Commission has been approved to receive

a refund of $95,107 from for the retiree prescription population.

RFP RESPONSE – MEDICAL TPA On March 30, 2018 the Innovative Risk Solutions, Inc./Assured Partners released a request for proposals for Third Party Administrator for medical claims administration for the Burlington County Insurance Commission. The RFP was distributed to the following vendors: Horizon Blue Cross & Blue Shield of New Jersey AmeriHealth Administrators Aetna Cigna United Health Care Responses we due on April 18, 2018 at 4 pm. Proposals were provided by AmeriHealth Administrators and Aetna/Meritain. The proposals were evaluated for qualitative issues and

17

clarification questions were provided to both vendors on May 2, 2018. The vendors were given until Tuesday May 9, 2018 to provide responses to the additional questions. After the qualitative analysis is completed the financial terms of the responses will be evaluated. The final component of the RFP is network analysis. Aetna/Meritain received a provider list and asked to perform a disruption analysis to ensure that their network is adequate for the Commission’s needs. Innovative Risk Solutions, Inc./Assured Partners will provide a recommendation for Third Party Administrator at the Commission’s June meeting.

19


BILLS LIST

Resolution No. 29-18 MARCH 2018

WHEREAS, the Treasurer has certified that funding is available to pay the following bills:

BE IT RESOLVED that the Burlington County Insurance Fund Commission, hereby authorizes the Commission Treasurer

to issue warrants in payment of the following claims; and

FURTHER, that this authorization shall be made a permanent part of the records of the Commission.

FUND YEAR 2017

CheckNumber VendorName Comment InvoiceAmount

000305 000305 BOWMAN & COMPANY LLP AUDITOR FEE 12/31/2017 3,400.00

3,400.00

TOTAL PAYMENTS FY 2017 3,400.00 FUND YEAR 2018


000306 000306 PMA COMPANIES, INC. CLAIMS HANDLING FEE 04/2018 9,611.00

9,611.00

000307 000307 PERMA RISK MANAGEMENT SERVICES POSTAGE FEE 03/2018 0.47

000307 PERMA RISK MANAGEMENT SERVICES EXECUTIVE DIRECTOR FEE 04/2018 15,114.25

15,114.72

000308 000308 CRAIG, ANNIN & BAXTER, LLP ATTORNEY FEE 03/2018 1,020.00

1,020.00

000309 000309 THE ACTUARIAL ADVANTAGE ACTUARIAL CONSULTING SERVICES - 04/2018 618.00

618.00

TOTAL PAYMENTS FY 2018 26,363.72

TOTAL PAYMENTS ALL FUND YEARS $ 29,763.72

____________________________________

Chairperson

Attest:

____________________________________ Dated:______________________________

I hereby certify the availability of sufficient unencumbered funds in the proper accounts to fully pay the above claims.

____________________________________

Treasurer

20

BURLINGTON COUNTY INSURANCE COMMISSION HEALTH INSURANCE FUND

BILLS LIST

Resolution No. 30-18 MARCH 2018





FUND YEAR 2017


000221 000221 STATE OF NJ HEALTH BENE FUND STATE SURCHARGE ON BOE'S JUL'16-JUN'17 86,565.00

86,565.00

000222 000222 O.C.A. BENEFIT SERVICES COUNTY OF BURLINGTON COBRA FEE 12/17 592.50

592.50

TOTAL PAYMENTS FY 2017 87,157.50 FUND YEAR 2018


000223 000223 STATE OF NJ HEALTH BENE FUND STATE SURCHARGE ON BOE'S JUL'17-JUN'18 69,238.00

69,238.00

000224 000224 AETNA HEALTH MANAGEMENT LLC ACCT: AE-466688 - 04/2018 138,117.40

138,117.40

000225 000225 AMERIHEATH ADMINISTRATORS TPA FEE 04/2018 67,862.90

67,862.90

000226 000226 PERMA RISK MANAGEMENT SERVICES EXECUTIVE DIRECTOR FEE 04/2018 26,624.60

26,624.60

000227 000227 ACTUARIAL SOLUTIONS, LLC FUND ACTUARY FEE 2ND QTR 2018 8,750.00

8,750.00

000228 000228 AJM INSURANCE STOP LOSS COMMISSION - 04/2018 10,600.66

000228 AJM INSURANCE PROGRAM MANAGER FEE 04/2018 34,216.36

44,817.02

000229 000229 INNOVATIVE RISK SOLUTIONS, INC STOP LOSS COMMISSION - 04/2018 10,604.28

000229 INNOVATIVE RISK SOLUTIONS, INC PROGRAM MANAGER FEE 04/2018 40,725.09

51,329.37

21

000230

000230 O.C.A. BENEFIT SERVICES COUNTY OF BURLINGTON COBRA FEE 02/18 215.00






1,848.00

000231 000231 WESTPORT INSURANCE CORPORATION SPECIFIC REINSURANCE - 04/2018 89,678.68

000231 WESTPORT INSURANCE CORPORATION AGGREGATE REINSURANCE - 04/2018 5,090.00

94,768.68



_____________________________________

Chairperson

Attest:

____________________________________ Dated:______________________________


____________________________________

Treasurer

22


BILLS LIST

Resolution No. 31-18 APRIL 2018





FUND YEAR 2018


000310 000310 PMA COMPANIES, INC. CLAIMS HANDLING FEE 05/2018 9,611.00

9,611.00


15,114.25

000312 000312 CRAIG, ANNIN & BAXTER, LLP ATTORNEY FEE 04/2018 960.00

960.00

000313 000313 THE ACTUARIAL ADVANTAGE ACTUARIAL CONSULTING SERVICES - 05/2018 618.00

618.00



_____________________________________

Chairperson

Attest:

____________________________________ Dated:______________________________


____________________________________

Treasurer

23

BURLINGTON COUNTY INSURANCE COMMISSION HEALTH INSURANCE FUND

BILLS LIST

Resolution No. 32-18 APRIL 2018





FUND YEAR 2018


000232 000232 AETNA HEALTH MANAGEMENT LLC AE-466688 - 05/2018 159,233.96

159,233.96

000233 000233 AMERIHEATH ADMINISTRATORS TPA FEE 05/2018 67,695.75

67,695.75


26,602.32

000235 000235 AJM INSURANCE STOP LOSS COMMISSION - 05/2018 10,525.61

000235 AJM INSURANCE PROGRAM MANAGER FEE 05/2018 34,160.46

44,686.07

000236 000236 INNOVATIVE RISK SOLUTIONS, INC STOP LOSS COMMISSION - 05/2018 10,528.98

000236 INNOVATIVE RISK SOLUTIONS, INC PROGRAM MANAGER FEE 05/2018 40,658.58

51,187.56

000237 000237 COURIER TIMES ACCT: 9736596410 - 2/28/2018 - RFQ BENEF 47.14

47.14

000238 000238 O.C.A. BENEFIT SERVICES COUNTY OF BURLINGTON COBRA FEE 3/18 593.50



927.50

000239 000239 WESTPORT INSURANCE CORPORATION SPECIFIC REINSURANCE - 05/2018 89,011.43

000239 WESTPORT INSURANCE CORPORATION AGGREGATE REINSURANCE - 05/2018 5,082.50

94,093.93


24


_____________________________________

Chairperson

Attest:

____________________________________ Dated:______________________________


____________________________________

Treasurer

25

BURLINGTO N CO UNTY INSURANCE CO MMISSIO N

SUMMARY O F CASH TRANSACTIO NS - ALL FUND YEARS CO MBINED

Current Fund Year: 2018

Month Ending: February

Property Liability Auto Worker's Comp NJ CEL Admin TO TAL

OPEN BALANCE 3,327.14 (832,890.23) (133,733.40) 4,299,645.28 3,801.26 153,116.62 3,493,266.67

RECEIPTS

Assessments 18,453.27 128,991.96 22,976.13 307,554.47 329,730.73 63,995.26 871,701.82

Refunds 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Invest Pymnts 292.57 504.24 111.56 4,106.11 3.62 173.45 5,191.55

Invest Adj 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Subtotal Invest 292.57 504.24 111.56 4,106.11 3.62 173.45 5,191.55

Other * 0.00 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL 18,745.84 129,496.20 23,087.69 311,660.58 329,734.35 64,168.71 876,893.37

EXPENSES

Claims Transfers 30,466.83 9,743.07 7,832.13 65,960.92 0.00 0.00 114,002.95

Expenses 0.00 0.00 0.00 0.00 0.00 37,328.98 37,328.98

Other * 0.00 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL 30,466.83 9,743.07 7,832.13 65,960.92 0.00 37,328.98 151,331.93

END BALANCE (8,393.85) (713,137.10) (118,477.84) 4,545,344.94 333,535.61 179,956.35 4,218,828.11

26

SUMMARY O F CASH AND INVESTMENT INSTRUMENTS

BURLINGTO N CO UNTY INSURANCE CO MMISSIO N

ALL FUND YEARS CO MBINED

CURRENT MO NTH February

CURRENT FUND YEAR 2018

Description:

Ins Comm

General A/C -

Investors

ASO Claims-WC

& Liab

Ins Comm

General A/C

ID Number:

Maturity (Yrs)

Purchase Yield:

TO TAL for All

Accts & instruments

O pening Cash & Investment Balance $3,493,266.13 3,428,366.81 64,899.32 -

O pening Interest Accrual Balance $0.00 - - -

1 Interest Accrued and/or Interest Cost $0.00 $0.00 $0.00 $0.00

2 Interest Accrued - discounted Instr.s $0.00 $0.00 $0.00 $0.00

3 (Amortization and/or Interest Cost) $0.00 $0.00 $0.00 $0.00

4 Accretion $0.00 $0.00 $0.00 $0.00

5 Interest Paid - Cash Instr.s $5,191.55 $5,191.55 $0.00 $0.00

6 Interest Paid - Term Instr.s $0.00 $0.00 $0.00 $0.00

7 Realized Gain (Loss) $0.00 $0.00 $0.00 $0.00

8 Net Investment Income $5,191.55 $5,191.55 $0.00 $0.00

9 Deposits - Purchases $985,704.77 $871,701.82 $114,002.95 $0.00

10 (Withdrawals - Sales) -$265,334.88 -$151,331.93 -$114,002.95 $0.00

Ending Cash & Investment Balance $4,218,827.57 $4,153,928.25 $64,899.32 $0.00

Ending Interest Accrual Balance $0.00 $0.00 $0.00 $0.00

Plus Outstanding Checks $93,615.40 $86,052.01 $7,563.39 $0.00

(Less Deposits in Transit) -$86,052.01 $0.00 -$86,052.01 $0.00

Balance per Bank $4,226,390.96 $4,239,980.26 -$13,589.30 $0.00

27


SAFETY DIRECTOR’S REPORT

TO: Fund Commissioners

FROM: J.A. Montgomery Risk Control, Safety Director

DATE: April 23, 2018

BCIC SERVICE TEAM

RISK CONTROL ACTIVITIES

February – March 2018

MEETINGS ATTENDED / LOSS CONTROL VISITS CONDUCTED

February 20: Attended the BCIC Claims Committee meeting via conference call.

March 1: Attended the BCIC Meeting in Mount Holly.

March 9: Conducted a loss control survey of the BCIC County Department of Bridges and Roads.

March 15: Attended the BCIC Safety Committee meeting in Mount Holly.

March 20: Attended the BCIC Claims Committee meeting via conference call.

April 17: Attended the BCIC Claims Committee meeting via conference call.

Paul Shives,

Vice President

Public Sector Director

[email protected]

Office: 732-736-5213

Glenn Prince,

Associate Public Sector Director

[email protected]

Office: 856-552-4744

Cell: 609-238-3949

Natalie Dougherty,

Executive Assistant

[email protected]

Office: 856-552-4738

mailto:[email protected]



28

UPCOMING MEETINGS / LOSS CONTROL VISITS PLANNED

May 3: Plan to attend the BCIC meeting in Mt. Holly.

May 15: Plan to attend the BCIC Claims Committee meeting via conference call.

2018 BCIC CEL MEDIA LIBRARY USAGE:

No videos have been utilized. SAFETY DIRECTOR BULLETINS

Playground Inspections – March 16.

32

From: Glenn Prince, Public Sector Associate Director

To: New Jersey Counties Joint Insurance Fund Commissioners Date: March 1, 2018 Subject: BRIT Safety Grant Program Burlington County Insurance Commission

Commissioners,

The NJ CEJIF is pleased to announce the availability of safety program funding through the BRIT Safety Grant Program. To help control frequency and severity of general liability claims, member counties can receive reimbursement for up to 50% of the cost of a safety item or service.

Program Overview:

The BRIT Safety Grant Program is a cost sharing program where counties can receive reimbursement for up to 50% of the cost of a safety item or service.

The total amount of Grant funding available to members of the NJCEJIF for this policy period is $45,000.

On February 22, 2018 the NJCEJIF Board of Fund Commissioners agreed with a suggestion to split the total funding into nine grants of $5,000.00 each. Any grant funds that are not utilized will be allocated proportionately at the end of 2018 to those members that were approved for grant funding.

The safety item or service can’t be “typical”. For example; training on bloodborne pathogens, back injury prevention and other regulatory issues should already be part of a members overall safety program. Items such as patient lifting boards for EMS or police liability training are specialized and are examples of items that would qualify.

33

Safety Grant funding requests for 2018 must be submitted to Glenn Prince [email protected] no later than October 31th, 2018. Once the preliminary approval is received from BRIT, the request will be added to the next NJCEL JIF meeting agenda for review.

If approved, the funding will be paid only after the approved items or services have been purchased and proof of payment has been received.

Please feel free to contact me with any questions. Glenn Prince Public Sector Associate Director JA Montgomery Risk Control 856- 552-4744 office


34

RESOLUTION NO. 33-18


RESOLUTION FOR CLOSED SESSION

WHEREAS, Section 8 of the Open Public Meetings Act, Chapter 231, P.L. 1975 permits the exclusion

of the public from a meeting in certain circumstances; and

WHEREAS, this public body is of the opinion that such circumstances presently exist; now, therefore,

BE IT RESOLVED by the Burlington County Insurance Commission, County of Burlington, State of

New Jersey, as follows:

1. The public shall be excluded from discussion of the hereinafter-specified subject matter.

2. The general nature of the subject matter to be discussed:

CONTRACTS:

LITIGATION: 8130, 4879, 0537, 4253

PERSONNEL:

3. It is anticipated at this time that the above subject matter will be made public when the members of

the Burlington County Insurance Commission have made final determination.

4. This resolution shall take effect immediately.

ADOPTED by THE BURLINGTON COUNTY INSURANCE COMMISSION at a properly noticed

meeting held on May 3, 2018.

ADOPTED:

BY:______________________________________________

KENDALL J. COLLINS, CHAIRMAN

ATTEST:

____________________________________________

35

APPENDIX I

1

March 1, 2018 Burlington County Insurance Commission OPEN Minutes


OPEN MINUTES

MEETING – March 1, 2018

County Administration Building

49 Rancocas Road

Mt Holly, NJ 08060

2:00 PM

Chairman Collins advised the next Commission meeting was scheduled for March 1, 2018 at 2:00

PM.

ROLL CALL OF COMMISSIONERS:

Kendall J. Collins Present

Eve A. Cullinan Present

Damon Burke Present

FUND PROFESSIONALS PRESENT:

Executive Director PERMA Risk Management Services

Joseph Hrubash

Claims Services PMA Management Corp.

Christina Grabowski

Conner Strong & Buckelew

Michelle Leighton

Attorney CraigAnninBaxter Law

Robert Baxter, Esq.

Treasurer Edward Troy

Underwriting Manager Conner Strong & Buckelew

Safety Director J.A. Montgomery Risk Control

Glenn Prince

Employee Benefits PERMA Risk Management Services

Paul Laracy

AJM Insurance Management

Greg D’Orazio

Innovative Risk Solutions, Inc.

Rob Henry

Risk Manager EJA Capacity Insurance Agency

2


ALSO PRESENT:

Cathy Dodd, PERMA Risk Management Services

APPROVAL OF MINUTES: OPEN & CLOSED MINUTES OF FEBRUARY 1, 2018

MOTION TO APPROVE THE OPEN & CLOSED MINUTES OF

FEBRUARY 1, 2018

Moved: Chairman Collins

Second: Commissioner Cullinan

Vote: 3 Ayes, 0 Nayes

CORRESPONDENCE: NONE

COMMITTEE REPORTS:

SAFETY COMMITTEE: Mr. Prince reported the Safety Committee last met on December

14th and was scheduled to meet again on March 15th. Mr. Prince advised the Committee would

discuss a variety of topics including the seasonal flu virus, the new CDL Opioid drug testing

rules that went into effect in January, the most commonly cited citations from PEOSHA and the

2018 Training Schedule.

CLAIMS COMMITTEE: Mr. Hunt reported the Claims Committee met on February 20, 2018

and advised there were five claims to present during closed session.

EXECUTIVE DIRECTOR REPORT: Executive Director advised a copy of his report was

included in the agenda and he had two action items.

CERTIFICATE OF INSURANCE ISSUANCE REPORT: Executive Director reported on the

Certificate of Insurance report for the month of January. Executive Director advised there were 91

certificate of insurances issued during the month.

MOTION TO APPROVE THE CERTIFICATE OF INSURANCE REPORT


Second: Commissioner Burke


EMPLOYEE DISHONESTY COVERAGE: Executive Director advised the Employee

Dishonesty Coverage policy with Selective Insurance Company renewed on April 5, 2018.

Executive Director stated the policy covered the positions of Executive Director, Third Party

Administrator and Treasurer. The limit per loss was $1,000,000 with a $10,000 deductible.

Executive Director advised the premium was $1,616 which was $65 less than last year’s premium.

Executive Director noted the premium for the renewal was included on the bill list and would be

paid out of the Miscellaneous and Expense Account. Executive Director asked if anyone had any

questions regarding the policy.

3


MOTION TO RENEW THE EMPLOYEE DISHONESTY COVERAGE

WITH SELECTIVE INSURANCE COMPANY FOR THE PERIOD OF

4/5/18 TO 4/5/19 WITH AN ANNUAL PREMIUM OF $1,616




NJ COUNTIES EXCESS INSURANCE FUND (NJCE): Executive Director advised the NJCE

held their Reorganization meeting February 22, 2018 and the next meeting was scheduled for April

26, 2018 at the Camden County College Regional Emergency Training Center. Executive Director

referred to a copy of the summary report which was included in the agenda. Executive Director

advised Ross Angilella of Camden County would continue as the Chairman and Jack Kelly of

Ocean County as the Secretary. In addition it was reported Burlington, Atlantic and Cumberland

Counties all renewed their membership in the NJCE for another 3 years. Union County also formed

an underlying Commission as of January 1st. Executive Director reported the NJCE started the new

payroll audit procedure and the Board of Fund Commissioners authorized the Executive Director to

draft and release a Request for Qualifications for an online Risk Management System. Executive

Director explained the first phase was the collection of underwriting data followed by claims data.

Executive Director noted the online system would eliminate completion of the excel spreadsheets at

renewal time.

BCIC PROPERTY & CASUALTY FINANCIAL FAST TRACK: Executive Director reported

the December Financial Fast Track was included in the agenda. Executive Director noted there was

a gain in the surplus of $143,000 and was hoping the trend was turning favorable. Executive

Director noted PMA had some data to share with the Commission during their report to support the

increase in surplus.

NJCE PROPERTY & CASUALTY FINANCIAL FAST TRACK: Executive Director reported

the December Financial Fast Track for the NJCE was included in the agenda. As of December 31,

2017 the NJCE had a surplus of $10,565,661. Executive Director noted the total cash amount was

$23,477,242.

CLAIMS TRACKING REPORTS: Executive Director reported the agenda included two claim

monitoring reports as of December 31, 2017. Executive Director advised he reviewed the Claims

Activity Report and did not see any anomalies. Executive Director referred to the Claims

Management Report for Fund Year 2017 and noted the actuary’s projection was 68.42% and the

actual amount was 66.95% which correlated to the improvement of the Financial Fast Track.

Executive Director noted 2018 was off to a good start, however there were already property claims

in the amount of $163,305.

2018 PROPERTY & CASUALTY ASSESSMENTS: Executive Director advised in accordance

with the Commission’s By Law’s the property and casualty assessment bills were e-mailed to the

member entities. Executive Director noted the first installment was due on March 15, 2018 and

future installments were due on May 15th and October 15th.

4


NJCE BULLETIN 18-07: Executive Director referred to a copy of NJCE Bulletin 18-07 which

was included in Appendix III of the agenda. Executive Director advised the Employment Practices

Liability and Cyber Coverage were renewed with a new carrier, Chubb Insurance Company, as of

January 1, 2018. Executive Director noted Burlington does not participate in the Employment

Practices Liability coverage but did for the Cyber coverage.

2018 EXCESS INSURANCE AND ANCILLARY COVERAGE POLICIES: Executive

Director reported the NJCE renewal policies would again be available electronically through the

Conner Strong & Buckelew website for authorized representatives. Executive Director stated the

NJCE Underwriting Manager was in the process of reviewing the policies and would release an e-

mail with instructions on how to access the website when the policies were available. Executive

Director noted the limit schematics and Plan of Risk Management would also be available on the

website. The policies should be available by April 1, 2018.

2018 MEETING SCHEDULE: Executive Director advised the Commission was not scheduled to

meet in April and the next meeting was on May 3, 2018 at 2:00 PM.

Executive Director advised that concluded his report unless there were any questions. Executive

Director asked Mr. Laracy to present the Health Benefits Report.

Executive Director's Report Made Part of Minutes

FINANCIAL FAST TRACK: Mr. Laracy reported the Financial Fast Track as of January 31, 2018

was included in the agenda. Mr. Laracy advised for all years combined the health benefits surplus was

$2,706,702. Mr. Laracy noted there were modest deficits in the last two years however, they were in the

process of reviewing the IBNR. Mr. Laracy thought the formulas were generating too much IBNR.

RFP RESPONSE – PROGRAM MANAGER AND ACTUARY: Mr. Laracy advised the Fund

office released an RFP for a Program Manager and Actuary for the benefits program. Mr. Laracy advised

the Program Manager agreement would be for 30 months, July 1, 2018 through December 31, 2020. Mr.

Laracy reported the Program Manager’s quote was consistent with the budget and was flat for the next 30

months. Mr. Laracy noted there was only one proposal received for the Program Manager position from

Innovative Risk Solutions and Assured Partners, LLC, the incumbent.

Mr. Laracy reported there was one proposal received for the actuary position from the incumbent, John

Vataha. Mr. Laracy advised the agreement was for a one year period beginning on July 1, 2018 through

June 30, 2019. Mr. Laracy noted the proposal fee amount was higher than the budget, however he

discussed the fee with vendor and the fee was reduced within the budget guidelines. Mr. Laracy advised

Resolution 25-18 was included in the agenda for the Commissioners’ consideration.

MOTION TO ADOPT RESOLUTION 25-18, APPOINTING

PROFESSIONALS AND AWARDING CONTRACTS FOR FUND YEAR

2018




5


Lastly Mr. Laracy advised they would be receiving $95,000 for the retiring drug subsidiary program for

2016 along with similar monies for 2017. Mr. Laracy noted the retiring drug subsidiary program would

be eliminated as more subsidiaries would be included in the premiums. Mr. Laracy advised that

concluded his report unless anyone had any questions.

TREASURER REPORT: Mr. Troy reported he reviewed the Property & Casualty Bill List and

recommended the payment. Mr. Troy advised he just received the Health Bill List which he just

reviewed and also recommended payment.

MOTION TO APPROVE RESOLUTION 23-18 FEBRUARY BILL LIST,

RESOLUTION 26-18 MARCH PROPERTY & CASUALTY BILL LIST

AND RESOLUTION 27-18 MARCH HEALTH BILL LIST


Second: Commissioner Cullinan


Executive Director advised the Treasurer’s monthly reports were included in the agenda.

ATTORNEY: Mr. Baxter advised the appointed defense counsel panel attorneys were signing the

agreements and he would forward the agreement to Chairman Collins to sign on behalf of the

Commission.

CLAIMS SERVICE. Ms. Grabowski advised PMA’s monthly reports were included in the

appendix section of the agenda. Ms. Grabowski reported 2017 was trending to be a better year for

worker compensation claims as there were fewer claims in 2017. In 2016 there were 186 claims

compared to 164 in 2017. Ms. Grabowski noted the amount of loss time claims in 2017 were 50

while in 2016 there were 60 claims. Ms. Grabowski reported the County Jail and County Health

saw a decline of claims from 2016 to 2017. Ms. Grabowski stated another reason 2017 was trending

better was based on a reduction in claim severity. There was only one worker compensation claim

for 2017 with an incurred over $100,000 compared to four open worker compensation claims from

2016 and eight open from 2015 with an incurred over $100,000.

Ms. Grabowski reported the auto was similar. During 2017 there were 35 claims with an incurred

amount of $116,000 compared to 37 claims in 2016 with an incurred amount of $130,000. Ms.

Grabowski advised the liability claims were also down on both claim counts and incurred, 65 claims

in 2017 compared to 78 in 2016. Ms. Grabowski noted there were over 100 claims for each of the

three prior years. Ms. Grabowski noted the incurred for 2017 was only $469,000 and was still

developing however, in previous years the incurred was at or close to $1,000,000.

Ms. Grabowski referred to the Year to Date Containment Savings Report which was included in the

agenda for the period of 1/1/18 to 2/1/18 and advised PMA billed charges were in the amount of

$78,777. Ms. Grabowski indicated the total net savings was $38,133. Ms. Grabowski noted the

network penetration remained at 99% which was excellent. Ms. Grabowski also reviewed the

Accident Cause Group Report and WC Claims Frequency and Severity by Location, Top 5

Locations by Claim Frequency and Top 5 Cause Group by Claims Frequency reports which were

6


included in the agenda. Ms. Grabowski advised that concluded her report unless anyone had any

questions.

CEL SAFETY DIRECTOR: Mr. Prince advised his report was included in the agenda and

reviewed the Risk Control Activities for February & March. Mr. Prince reported he had a loss

control visit scheduled on March 9th with Mr. John Janis of the Bridges and Road Department. Mr.

Prince stated the monies for the 2017 BRIT Safety Grant was received and have been distributed to

the County. Mr. Prince advised the 2018 Safety Grant was increased to $45,000 and the NJCE

Board of Fund Commissioners agreed with a suggestion to split the total funding into nine grants of

$5,000. Mr. Prince noted the un-used funds would be allocated proportionately at year-end to those

members that were approved for funding. Mr. Prince advised he would talk to Mr. Burke to see if

there were any new potential items the County might be interested in. In response to Executive

Director’s inquiry, Mr. Prince said Mr. Burke requested a variety of items such as safety vests,

masks and personal protective equipment. Mr. Prince also referred to two Safety Director Bulletins,

“ Annual Reminder to Post 300A Summary Injury Logs” and “Safe Patient Lifting Resources for

Emergency Response Agencies” which were included in the agenda. Mr. Prince advised that

concluded his report unless anyone had any questions.

In response to Ms. Cullinan inquiry, Mr. Prince advised the CDL testing was expanded to include

drug testing for Oxycontin, Percodan, Percocete and Vicodin.

OLD BUSINESS: None

NEW BUSINESS: None

PUBLIC COMMENT:

MOTION TO OPEN MEETING TO THE PUBLIC




Seeing no members of the public wishing to speak, Chairman Collins asked for a motion to close

the public comment portion of the meeting.

MOTION TO CLOSE MEETING TO THE PUBLIC




CLOSED SESSION: Chairman Collins read Resolution 27-18, Resolution for Closed Session,

and requested a Motion for Executive Session (in accordance with the Open Public Meetings Act,

N.J.S.A 10:4-12) to discuss payment authority requests.

7


MOTION TO APPROVE RESOLUTION 27-18 FOR CLOSED SESSION




MOTION TO APPROVE THE PARS PRESENTED DURING CLOSED

SESSION EXCEPT FOR THE PROPERTY DAMAGE CLAIM OF 1/14/18

WHICH WAS TABLED




MOTION TO ADJOURN:

Moved: Commissioner Cullinan



Chairman Collins advised the next Commission meeting was scheduled for May 3, 2018 at 2:00

PM.

MEETING ADJOURNED: 2:28 PM

Minutes prepared by:

Cathy Dodd, Assisting Secretary

APPENDIX II

PMA REPORTS

PMA Management Corp.


WC Claims by Quarter

April-18

Valued as of 4.1.18

BCIC - Board of Chosen Freeholders* 1st Q 2018 2nd Q 2018 3rd Q 2018 4th Q 2018 YTD 2018 *2018 Annual Projection

Total Claims 48 48 192

Lost Time & Medical Only Claims 38 38 152

Record Only Claims 10 10 40

BCIC - Board of Chosen Freeholders* 1st Q 2017 2nd Q 2017 3rd Q 2017 4th Q 2017 2017 Results

Total Claims 43 38 39 24 144

Lost Time & Medical Only Claims 33 30 31 16 110

Record Only Claims 10 8 8 8 34

BCIC - Social Services* 1st Q 2018 2nd Q 2018 3rd Q 2018 4th Q 2018 YTD 2018 *2018 Annual Projection

Total Claims 9 9 36



BCIC - Social Services* 1st Q 2017 2nd Q 2017 3rd Q 2017 4th Q 2017 2017 Results

Total Claims 0 5 5 4 14



BCIC - Bridge Commission* 1st Q 2018 2nd Q 2018 3rd Q 2018 4th Q 2018 YTD 2018 *2018 Annual Projection

Total Claims 0 0 0



BCIC - Bridge Commission* 1st Q 2017 2nd Q 2017 3rd Q 2017 4th Q 2017 2017 Results

Total Claims 3 1 4 0 8



*Based on the date the FROI was reported to PMA

**2018 Annual Projection based on current claim volume YTD

Appendix II PMA Reports Page 001


Total Fees: $19,380

Net Saved: $69,309

Breakdown of Fees (343 Invoices Received):• Per Bill Charge: $2,420

• PMA Edits (Denied Charges, etc): $0

• Duplicate Charges: $0

• PPO Charge: $17,454

• Complex Bill Review Charge: ($494)


BURLINGTON COUNTY INSURANCE0441568

WC Claims Frequency and Severity by LocationAccident Dates 1/01/18 To 4/01/18

04/01/18

Location Code Location Name Claims Total Incurred Total Paid Total Reserve0000000009000000021800000003100000002101000000041000000005010000000618000000942100000005140000000210UNKNOWN0000000012000000011800000000070000000020

Prosecutor's OfficePublic SafetyEmerg ManagementHighway (Public Works)Library Tax OperationsCounty JailCounty Health (inc. Animal Shelter)Parks DepartmentBoard of Social ServCty, Clerical, S&DAgingSheriff's Office

Building & GroundsSurrogateCounty AdjusterHuman Resources

4462

134282321112

$102,951$52,662$29,824$29,260$29,174$22,248$9,364$5,836$5,543$2,100$1,171$461$444$340$147

$22,751$8,228$4,436

$0$5,794$6,361$870

$1,114$243$568$271$461$444$339$147

$80,200$44,434$25,387$29,260$23,380$15,888$8,494$4,722$5,300$1,532$900$0$0$0$0

55 $291,525 $52,027 $239,498


Top 5 Locations by Claims FrequencyAccount # 0441568 BURLINGTON COUNTY INSURA

Lost Time, Medical Only, Record Only

Valued as of 03/31/18For Workers' Comp Claims from 01/01/18 to 03/31/18

For Workers' Comp Claims from 01/01/17 to 03/31/17

0000000218Public Safety

Emerg Management

0000000009Prosecutor's

Office

0000000310Highway

(Public Works)

0000009421Board of

Social ServCty, Clerical,

S&D

0000000410County Jail

15

10

5

0

0000002101Library Tax Operations

0000000009Prosecutor's

Office

0000000210Sheriff's Office

0000000410County Jail

0000000310Highway

(Public Works)

10

8

5

3

0

Valued as of 03/31/17

Location Code Location Name Total Claims Total Incurred Total Paid Avg Incurred00000004100000009421

000000031000000000090000000218

County JailBoard of Social ServCty, Clerical, S&D

Highway (Public Works)Prosecutor's OfficePublic SafetyEmerg Management

138

644

$29,174$5,836

$29,824$102,951$52,662

$5,794$1,114

$4,436$22,751$8,228

$2,244$730

$4,971$25,738$13,166

Location Code Location Name Total Claims Total Incurred Total Paid Avg Incurred00000003100000000410000000021000000000090000002101

Highway (Public Works)County JailSheriff's OfficeProsecutor's OfficeLibrary Tax Operations

107543

$24,468$13,847$10,927$57,667$12,100

$7,446$4,392$3,311

$14,620$2,655

$2,447$1,978$2,185

$14,417$4,033



Top 5 Cause Group by Claims FrequencyAccount # 0441568 BURLINGTON COUNTY INSURA


Valued as of 03/31/18For Workers' Comp Claims from 01/01/18 to 03/31/18

For Workers' Comp Claims from 01/01/17 to 03/31/17

MOTOR VEHICLE

MISCELLANEOUS CAUSES

STRAIN OR INJURY BY

STRUCK OR INJURED BY

FALL OR SLIP INJURY

25

20

15

10

5

0

MOTOR VEHICLE

MISCELLANEOUS CAUSES

STRUCK OR INJURED BY

STRAIN OR INJURY BY

FALL OR SLIP INJURY

12.510

7.55

2.5

0

Valued as of 03/31/17

Ncci Cd Cat Descrp Total Claims Total Incurred Total Paid Avg IncurredFALL OR SLIP INJURYSTRUCK OR INJURED BYSTRAIN OR INJURY BYMISCELLANEOUS CAUSESMOTOR VEHICLE

2015553

$198,756$56,639$21,914$3,322$5,543

$39,432$6,862$4,278$577$243

$9,938$3,776$4,383$664

$1,848

Ncci Cause Cat Desc Total Claims Total Incurred Total Paid Avg IncurredFALL OR SLIP INJURYSTRAIN OR INJURY BYSTRUCK OR INJURED BYMISCELLANEOUS CAUSESMOTOR VEHICLE

1210765

$25,840$77,477$6,246$8,318$4,127

$5,642$20,238$2,291$1,456$3,130

$2,153$7,748$892

$1,386$825



BURLINGTON COUNTY INSURANCE COMMISSION AGENDA AND … · 2018-05-10 · H - Sunbelt Rentals Inc. I...

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