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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
BURLINGTON COUNTY INSURANCE COMMISSION
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 ......................................................................................... Page 22
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
BURLINGTON COUNTY INSURANCE COMMISSION
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
Burlington County Ins. Comm. From 2/1/2018 To 2/28/2018 Certificate of Insurance Monthly Report
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
Burlington County Ins. Comm. From 3/1/2018 To 3/31/2018 Certificate of Insurance Monthly Report
6
Holder (H)/ Insured Name (I)
Holder / Insured Address
Description of Operations
Issue Date/ Cert ID
Coverage
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
3/1/2018 #1866279
GL AU EX WC OTH
H - Delaware County Regional Water I - County of Burlington
Quality Control 100 East Fifth Street Chester, PA 19013
Evidence of insurance 3/1/2018 #1866285
OTH
H - Sunbelt Rentals Inc. I - County of Burlington
1275 W. Mound Street Columbus, OH 43223
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
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
From: PERMA Risk Management Services
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
BURLINGTON COUNTY INSURANCE COMMISSION
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
Discounted Claim Value 0 0 (8,610) (8,610)
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
Discounted Claim Value 0 0 (15,329) (15,329)
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
Discounted Claim Value 0 0 (27,718) (27,718)
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
Discounted Claim Value 0 0 (36,731) (36,731)
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
Discounted Claim Value 0 0 (49,733) (49,733)
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
BURLINGTON COUNTY INSURANCE COMMISSION
FINANCIAL FAST TRACK REPORT
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
FINANCIAL FAST TRACK REPORT
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
Discounted Claim Value 0 0 (12,655) (12,655)
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
Discounted Claim Value 0 0 (31,362) (31,362)
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
Discounted Claim Value 0 0 (45,106) (45,106)
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
Discounted Claim Value 0 0 (78,671) (78,671)
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
Discounted Claim Value 0 0 (81,671) (81,671)
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
Discounted Claim Value 0 0 (157,891) (157,891)
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
Discounted Claim Value 0 0 (162,270) (162,270)
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
Discounted Claim Value 0 0 (208,119) (208,119)
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
FINANCIAL FAST TRACK REPORT
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
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 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
Limited Reserves $16,594
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
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 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
Limited Reserves $5,999
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.
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 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
Limited Reserves $28,946
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
Limited Reserves $22,075
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
C L A I M C O U N T - O P E N C L A I M S
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
Burlington County Insurance Commission
CLAIMS MANAGEMENT REPORT
EXPECTED LOSS RATIO ANALYSIS
AS OF March 31, 2018
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
FUND YEAR 2016 -- LOSSES CAPPED AT RETENTION
27 26 15
Budget Actual Actual Actual
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
FUND YEAR 2017 -- LOSSES CAPPED AT RETENTION
15 14 3
Budget Actual Actual Actual
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
FUND YEAR 2018 -- LOSSES CAPPED AT RETENTION
3 2 -9
Budget Actual Actual Actual
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%
Current Last Month Last Year
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
34.76%
Current Last Month Last Year
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
4.17%
Current Last Month Last Year
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
FUND YEARS 2012 2013 2014
15
Burlington County Insurance Commission
CLAIMS MANAGEMENT REPORT
EXPECTED LOSS RATIO ANALYSIS
AS OF March 31, 2018
FUND YEAR 2012 -- LOSSES CAPPED AT RETENTION
75 74 63
Budget Actual Actual Actual
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
FUND YEAR 2013 -- LOSSES CAPPED AT RETENTION
63 62 51
Budget Actual Actual Actual
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
FUND YEAR 2014 -- LOSSES CAPPED AT RETENTION
51 50 39
Budget Actual Actual Actual
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
Current Last Month Last Year
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
70.49%
Current Last Month Last Year
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
92.79%
89.34%
Current Last Month Last Year
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
Unlimited
Incurred
Limited
Incurred
MONTH
TARGETED
16
BURLINGTON COUNTY INSURANCE COMMISSION
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: 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.
18
19
BURLINGTON COUNTY INSURANCE COMMISSION
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
CheckNumber VendorName Comment InvoiceAmount
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
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
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
CheckNumber VendorName Comment InvoiceAmount
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
000230 O.C.A. BENEFIT SERVICES COUNTY OF BURLINGTON COBRA FEE 02/18 117.50
000230 O.C.A. BENEFIT SERVICES COUNTY OF BURLINGTON COBRA FEE 02/18 590.50
000230 O.C.A. BENEFIT SERVICES COUNTY OF BURLINGTON COBRA FEE 01/18 121.00
000230 O.C.A. BENEFIT SERVICES COUNTY OF BURLINGTON COBRA FEE 01/18 214.00
000230 O.C.A. BENEFIT SERVICES COUNTY OF BURLINGTON COBRA FEE 01/18 590.00
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
TOTAL PAYMENTS FY 2018 503,355.97
TOTAL PAYMENTS ALL FUND YEARS $ 590,513.47
_____________________________________
Chairperson
Attest:
____________________________________ Dated:______________________________
I hereby certify the availability of sufficient unencumbered funds in the proper accounts to fully pay the above claims.
____________________________________
Treasurer
22
BURLINGTON COUNTY INSURANCE COMMISSION
BILLS LIST
Resolution No. 31-18 APRIL 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 2018
CheckNumber VendorName Comment InvoiceAmount
000310 000310 PMA COMPANIES, INC. CLAIMS HANDLING FEE 05/2018 9,611.00
9,611.00
000311 000311 PERMA RISK MANAGEMENT SERVICES EXECUTIVE DIRECTOR FEE 05/2018 15,114.25
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
TOTAL PAYMENTS FY 2018 26,303.25
TOTAL PAYMENTS ALL FUND YEARS $ 26,303.25
_____________________________________
Chairperson
Attest:
____________________________________ Dated:______________________________
I hereby certify the availability of sufficient unencumbered funds in the proper accounts to fully pay the above claims.
____________________________________
Treasurer
23
BURLINGTON COUNTY INSURANCE COMMISSION HEALTH INSURANCE FUND
BILLS LIST
Resolution No. 32-18 APRIL 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 2018
CheckNumber VendorName Comment InvoiceAmount
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
000234 000234 PERMA RISK MANAGEMENT SERVICES EXECUTIVE DIRECTOR FEE 05/2018 26,602.32
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
000238 O.C.A. BENEFIT SERVICES COUNTY OF BURLINGTON COBRA FEE 3/18 119.50
000238 O.C.A. BENEFIT SERVICES COUNTY OF BURLINGTON COBRA FEE 3/18 214.50
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
TOTAL PAYMENTS FY 2018 444,474.23
24
TOTAL PAYMENTS ALL FUND YEARS $ 444,474.23
_____________________________________
Chairperson
Attest:
____________________________________ Dated:______________________________
I hereby certify the availability of sufficient unencumbered funds in the proper accounts to fully pay the above claims.
____________________________________
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
BURLINGTON COUNTY INSURANCE COMMISSION
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
Office: 732-736-5213
Glenn Prince,
Associate Public Sector Director
Office: 856-552-4744
Cell: 609-238-3949
Natalie Dougherty,
Executive Assistant
Office: 856-552-4738
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.
29
30
31
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
BURLINGTON COUNTY INSURANCE COMMISSION
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
BURLINGTON COUNTY INSURANCE COMMISSION
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
March 1, 2018 Burlington County Insurance Commission OPEN Minutes
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
Moved: Chairman Collins
Second: Commissioner Burke
Vote: 3 Ayes, 0 Nayes
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
March 1, 2018 Burlington County Insurance Commission OPEN Minutes
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
Moved: Chairman Collins
Second: Commissioner Burke
Vote: 3 Ayes, 0 Nayes
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
March 1, 2018 Burlington County Insurance Commission OPEN Minutes
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
Moved: Chairman Collins
Second: Commissioner Burke
Vote: 3 Ayes, 0 Nayes
5
March 1, 2018 Burlington County Insurance Commission OPEN Minutes
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
Moved: Chairman Collins
Second: Commissioner Cullinan
Vote: 3 Ayes, 0 Nayes
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
March 1, 2018 Burlington County Insurance Commission OPEN Minutes
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
Moved: Chairman Collins
Second: Commissioner Burke
Vote: 3 Ayes, 0 Nayes
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
Moved: Chairman Collins
Second: Commissioner Burke
Vote: 3 Ayes, 0 Nayes
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
March 1, 2018 Burlington County Insurance Commission OPEN Minutes
MOTION TO APPROVE RESOLUTION 27-18 FOR CLOSED SESSION
Moved: Chairman Collins
Second: Commissioner Burke
Vote: 3 Ayes, 0 Nayes
MOTION TO APPROVE THE PARS PRESENTED DURING CLOSED
SESSION EXCEPT FOR THE PROPERTY DAMAGE CLAIM OF 1/14/18
WHICH WAS TABLED
Moved: Chairman Collins
Second: Commissioner Burke
Vote: 3 Ayes, 0 Nayes
MOTION TO ADJOURN:
Moved: Commissioner Cullinan
Second: Commissioner Burke
Vote: 3 Ayes, 0 Nayes
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.
Burlington County Insurance Commission
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
Lost Time & Medical Only Claims 5 5 20
Record Only Claims 4 4 16
BCIC - Social Services* 1st Q 2017 2nd Q 2017 3rd Q 2017 4th Q 2017 2017 Results
Total Claims 0 5 5 4 14
Lost Time & Medical Only Claims 0 2 1 3 6
Record Only Claims 0 3 4 1 8
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
Lost Time & Medical Only Claims 0 0 0
Record Only 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
Lost Time & Medical Only Claims 3 1 4 0 8
Record Only Claims 0 0 0 0 0
*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
PMA Management Corp.
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)
Appendix II PMA Reports Page 002
PMA Management Corp.
Appendix II PMA Reports Page 003
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
Appendix II PMA Reports Page 004
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
Lost Time, Medical Only, Record Only
Appendix II PMA Reports Page 005
Top 5 Cause Group 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
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
Lost Time, Medical Only, Record Only
Appendix II PMA Reports Page 006