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MAC Workers Compensation Support Services
- Banking/Investment Services:
- Central Bank
- Field Auditor:
- Infinity Insurance Solutions, LLC
- Internal Auditor:
- Evers & Co., CPAs
- Excess Insurance:
- County Reinsurance Limited
- Actuary:
- KPMG LLP
- Coverage:
- Workers' compensation, providing benefits for employees who suffer
disease, physical injury or death arising out of and in the course
of their employment. Benefits are set in accordance with MO statutes. Members are protected for the full amount of the loss.
- Number Of Participants:
- 91 counties and 13 related agencies
- 2007 Annual Premium:
- $10.3 million (Premiums or contribution amounts are based on each participant's
payroll and job classification rate as approved by the MO Dept. of
Insurance. Adjustments are made, based on a participant's claim experience,
and rates may be further reduced by discounts and other considerations determined by the Fund's Board of Directors.)
- Service Providers:
- Arthur J. Gallagher Risk Management Services
and Gallagher Bassett Services
- Excess Insurance:
- Aggregate Limit -- $2 million
Specific Limit -- Statutory over $250,000
per occurrence
Self Insurance Retention: Specific: $250,000 per occurrence
Aggregate:
$22.9 million
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