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Massachussets Interlocal Insurance Association (MIIA). Bickmore Risk Services and Consulting August 31, 2009 Mark Priven Nina Gau. MIIA. Goals Evaluate Effectiveness of Risk Control Efforts Focus on individual programs (auto, WC) Compare overall trends to Other Municipal Pools

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Massachussets Interlocal Insurance Association (MIIA)

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Massachussets interlocal insurance association miia

Massachussets InterlocalInsurance Association(MIIA)

Bickmore Risk Services

and Consulting

August 31, 2009

Mark Priven

Nina Gau


Massachussets interlocal insurance association miia

MIIA

  • Goals

    • Evaluate Effectiveness of Risk Control Efforts

      • Focus on individual programs (auto, WC)

      • Compare overall trends to Other Municipal Pools

    • Enhance Future Risk Control Efforts: Cost Drivers

      • Cause of Loss

      • Department

  • Coverages: WC, Property/Liability, Professional Liability


Massachussets interlocal insurance association miia

MIIA

Professional Liability


Massachussets interlocal insurance association miia

MIIA

  • Existing Safety Program

    • MIIA Rewards

      • Various training for loss prevention in all lines of business

      • Started September 2002

    • Professional Liability Loss Control Toolkit

      • Started January 2003


Massachussets interlocal insurance association miia

MIIA

Public Officials Liability

Loss Cost Trend

6.0% Annual Trend

* Loss Cost equals projected expected Ultimate Loss &ALAE / Population


Massachussets interlocal insurance association miia

MIIA

Law Enforcement Liability

Loss Cost Trend

6.0% Annual Trend

* Loss Cost equals projected expected Ultimate Loss &ALAE / # Officers


Massachussets interlocal insurance association miia

MIIA

School Boards Liability

Loss Cost Trend

6.0% Annual Trend

* Loss Cost equals projected expected Ultimate Loss &ALAE / # Students


Massachussets interlocal insurance association miia

MIIA

Professional Liability

Costs by Department

* Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.


Massachussets interlocal insurance association miia

MIIA

Professional Liability

Costs by Cause of Loss

* Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.


Massachussets interlocal insurance association miia

MIIA

Auto


Massachussets interlocal insurance association miia

MIIA

  • Existing Safety Program

    • MIIA Rewards

      • Various training for loss prevention in all lines of business

      • Started September 2002

    • EVDT – Firefighter training

      • Started in 2000

      • A “train-the-trainer” program

    • EVOC – Police Training

      • Started Spring of 2006

    • Driving Simulator

      • Has Police, Firefighters and DPW training modules

      • Started in January of 2005


Massachussets interlocal insurance association miia

MIIA

Auto Liability

Loss Cost Trend

5.0% Annual Trend

* Loss Cost equals projected expected Ultimate Loss &ALAE / # Vehicles


Massachussets interlocal insurance association miia

MIIA

Auto Physical Damage

Loss Cost Trend

2.0% Annual Trend

* Loss Cost equals projected expected Ultimate Loss &ALAE / Insured Value


Massachussets interlocal insurance association miia

MIIA

Auto Liability

Costs by Department

* Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.


Massachussets interlocal insurance association miia

MIIA

General Liability


Massachussets interlocal insurance association miia

MIIA

  • Existing Safety Program

    • MIIA Rewards

      • Various training for loss prevention in all lines of business

      • Started September 2002

    • Sewer Back-up prevention toolkit

      • Started January 2006

    • Sanitary Sewer Overflow protection initiative

      • Started Fall of 2008

    • Loss Control Grant program

      • Sponsors various loss control initiatives

      • Started in 2002


Massachussets interlocal insurance association miia

MIIA

General Liability

Loss Cost Trend

5.0% Annual Trend


Massachussets interlocal insurance association miia

MIIA

General Liability

Claims Distribution by Department


Massachussets interlocal insurance association miia

MIIA

General Liability

Costs by Department

* Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.


Massachussets interlocal insurance association miia

MIIA

General Liability

Costs by Cause of Loss

* Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.


Massachussets interlocal insurance association miia

MIIA

General Liability - DPW

Costs by Cause of Loss

* Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.


Massachussets interlocal insurance association miia

MIIA

Property


Massachussets interlocal insurance association miia

MIIA

  • Existing Safety Program

    • MIIA Rewards

      • Various training for loss prevention in all lines of business

      • Started September 2002

    • Property protection toolkit

      • Roof inspection, freeze prevention, self-inspections

      • Started January 2005

    • Loss Control Grant program

      • Sponsors various loss control initiatives

      • Started in 2002


Massachussets interlocal insurance association miia

MIIA

Property

Loss Cost Trend

2.0% Annual Trend

* Loss Cost equals projected expected Ultimate Loss &ALAE / Insured Value


Massachussets interlocal insurance association miia

MIIA

Property

Costs by Department

* Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.


Massachussets interlocal insurance association miia

MIIA

Property: Schools

Incurred Loss Distribution by Department

* Incurred Losses Limited to $100,000/Occ.


Massachussets interlocal insurance association miia

MIIA

Property

Costs by Cause of Loss

* Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.


Massachussets interlocal insurance association miia

MIIA

Property - Schools

Costs by Cause of Loss

* Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.


Massachussets interlocal insurance association miia

MIIA

Workers’ Compensation


Massachussets interlocal insurance association miia

MIIA

  • Existing Safety Program

    • MIIA Rewards

      • Various training for loss prevention in all lines of business

      • Started September 2002

    • “Struck by” prevention program with QBS

      • Summer 2008

    • On-site back safety training with Bill Hoover

      • Started in 1998

    • OccHealth Connect

      • Started in 2007


Massachussets interlocal insurance association miia

MIIA

Workers’ Compensation

Comparison of MIIA and Other Municipal Pools Trends

* Loss Cost equals projected expected Ultimate Loss &ALAE / Payroll (00s)


Massachussets interlocal insurance association miia

MIIA

Workers’ Compensation

Costs by Department

* Based on Claims Data 2002-2009


Massachussets interlocal insurance association miia

MIIA

Workers’ Compensation

Costs by Cause of Loss

* Based on Claims Data 2002-2009


Massachussets interlocal insurance association miia

MIIA

Workers’ Compensation – Schools only

Costs by Cause of Loss

* Based on Claims Data 2002-2009


Miia summary of findings

MIIA: Summary of Findings


Massachussets interlocal insurance association miia

MIIA

Evaluation of Specific Loss Control Programs


Massachussets interlocal insurance association miia

MIIA

MIIA Rewards Program

All Lines of business


Massachussets interlocal insurance association miia

MIIA

Evaluation of MIIA Rewards Program

All Programs (Except GL) Combined

* Loss Cost equals projected expected Ultimate Loss &ALAE / Payroll (00s)


Massachussets interlocal insurance association miia

MIIA

Evaluation of MIIA Rewards Program

All Programs ex. GL combined

* Excludes GL program and 2008 AY (new projection)


Massachussets interlocal insurance association miia

MIIA

Workers’ Compensation

OccHealth Connect Program Evaluation


Massachussets interlocal insurance association miia

MIIA

Workers’ Compensation – OccHealth Participation

by Fiscal Year

* Based on Exposure information provided by MIIA


Massachussets interlocal insurance association miia

MIIA

Workers’ Compensation – OccHealth Connect Participation Loss Cost Comparison

* * Based on Claims and Exposure data for FY 2006-07 through 2008-09


Massachussets interlocal insurance association miia

MIIA

Workers’ Compensation – OccHealth Connect Participation Frequency Comparison

* Based on Claims and Exposure data for FY 2006-07 through 2008-09


Massachussets interlocal insurance association miia

MIIA

Workers’ Compensation – OccHealth Connect Participation Severity Comparison

* Based on Claims and Exposure data for FY 2006-07 through 2008-09


Massachussets interlocal insurance association miia

MIIA

Workers’ Compensation – 2008-09 Accident Year

OccHealth Connect Loss Cost Comparison

* Based on Claims and Exposure data for FY 2006-07 through 2008-09


Massachussets interlocal insurance association miia

MIIA

Performance of EVOC, EVDT and Simulator training programs


Massachussets interlocal insurance association miia

MIIA

Summary of prior findings (EVOC, EVDT, Simulator training)

  • Draft study was released in May

  • We found evidence of effectiveness of EVOC and Simulator programs, but unable to find it for EVDT.

  • It could be partially due:

    • Lack of credible data

    • Shorter length of training for EVDT participants

    • This is a train-the-trainer program, the effectiveness of program is highly dependent on the secondary training done within the community by the trained individual. Timing of secondary training is difficult to pinpoint.

  • Graphs below summarize our findings

  • Complete copy of the study is provided for reference purposes


Massachussets interlocal insurance association miia

MIIA

Effectiveness of Safety Programs

Comparison of Average Cost per Vehicle

* Based only on years where participation is known.


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