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Massachussets Interlocal Insurance Association (MIIA)

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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  1. Massachussets InterlocalInsurance Association(MIIA) Bickmore Risk Services and Consulting August 31, 2009 Mark Priven Nina Gau

  2. 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

  3. MIIA Professional Liability

  4. 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

  5. MIIA Public Officials Liability Loss Cost Trend 6.0% Annual Trend * Loss Cost equals projected expected Ultimate Loss &ALAE / Population

  6. MIIA Law Enforcement Liability Loss Cost Trend 6.0% Annual Trend * Loss Cost equals projected expected Ultimate Loss &ALAE / # Officers

  7. MIIA School Boards Liability Loss Cost Trend 6.0% Annual Trend * Loss Cost equals projected expected Ultimate Loss &ALAE / # Students

  8. MIIA Professional Liability Costs by Department * Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.

  9. MIIA Professional Liability Costs by Cause of Loss * Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.

  10. MIIA Auto

  11. 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

  12. MIIA Auto Liability Loss Cost Trend 5.0% Annual Trend * Loss Cost equals projected expected Ultimate Loss &ALAE / # Vehicles

  13. MIIA Auto Physical Damage Loss Cost Trend 2.0% Annual Trend * Loss Cost equals projected expected Ultimate Loss &ALAE / Insured Value

  14. MIIA Auto Liability Costs by Department * Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.

  15. MIIA General Liability

  16. 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

  17. MIIA General Liability Loss Cost Trend 5.0% Annual Trend

  18. MIIA General Liability Claims Distribution by Department

  19. MIIA General Liability Costs by Department * Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.

  20. MIIA General Liability Costs by Cause of Loss * Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.

  21. MIIA General Liability - DPW Costs by Cause of Loss * Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.

  22. MIIA Property

  23. 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

  24. MIIA Property Loss Cost Trend 2.0% Annual Trend * Loss Cost equals projected expected Ultimate Loss &ALAE / Insured Value

  25. MIIA Property Costs by Department * Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.

  26. MIIA Property: Schools Incurred Loss Distribution by Department * Incurred Losses Limited to $100,000/Occ.

  27. MIIA Property Costs by Cause of Loss * Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.

  28. MIIA Property - Schools Costs by Cause of Loss * Based on Claims Data 2001-2008, Incurred Losses Limited to $100,000/Occ.

  29. MIIA Workers’ Compensation

  30. 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

  31. MIIA Workers’ Compensation Comparison of MIIA and Other Municipal Pools Trends * Loss Cost equals projected expected Ultimate Loss &ALAE / Payroll (00s)

  32. MIIA Workers’ Compensation Costs by Department * Based on Claims Data 2002-2009

  33. MIIA Workers’ Compensation Costs by Cause of Loss * Based on Claims Data 2002-2009

  34. MIIA Workers’ Compensation – Schools only Costs by Cause of Loss * Based on Claims Data 2002-2009

  35. MIIA: Summary of Findings

  36. MIIA Evaluation of Specific Loss Control Programs

  37. MIIA MIIA Rewards Program All Lines of business

  38. MIIA Evaluation of MIIA Rewards Program All Programs (Except GL) Combined * Loss Cost equals projected expected Ultimate Loss &ALAE / Payroll (00s)

  39. MIIA Evaluation of MIIA Rewards Program All Programs ex. GL combined * Excludes GL program and 2008 AY (new projection)

  40. MIIA Workers’ Compensation OccHealth Connect Program Evaluation

  41. MIIA Workers’ Compensation – OccHealth Participation by Fiscal Year * Based on Exposure information provided by MIIA

  42. MIIA Workers’ Compensation – OccHealth Connect Participation Loss Cost Comparison * * Based on Claims and Exposure data for FY 2006-07 through 2008-09

  43. MIIA Workers’ Compensation – OccHealth Connect Participation Frequency Comparison * Based on Claims and Exposure data for FY 2006-07 through 2008-09

  44. MIIA Workers’ Compensation – OccHealth Connect Participation Severity Comparison * Based on Claims and Exposure data for FY 2006-07 through 2008-09

  45. 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

  46. MIIA Performance of EVOC, EVDT and Simulator training programs

  47. 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

  48. MIIA Effectiveness of Safety Programs Comparison of Average Cost per Vehicle * Based only on years where participation is known.

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