E-Agenda: Paperless Meeting System
Back to Agendaspacer graphic
 

New Business - Insurance

Title: IN1 Workers' Compensation /LG 118469

Recommendation:
I recommend that the School Board approve the Worker's Compensation claim #LG  in the amount of $275,750 representing compensation, attorneys' fees and costs and authorize the execution of all related documents.  This settlement will finalize all outstanding issues.

Description:

The Settlement of this claim was recommended by the District's outside counsel and claim adjusters and has been approved by the Chief Counsel, Chief Financial Officer and Director of Employee Benefits and Risk Management as required by District Policy #6.09.

A now 61 year old Teacher sustained multiple injuries after being pushed to the floor by a student.  Her  injuries resulted in permanent and total disability after conservative care failed and permanent restrictions prevented her from returning to work.

The District has paid over $323,000 in medical benefits, wage loss and expenses to date.  Future exposure is estimated at over $312,000.  Excess reimbursement of approximately $100,000 will be received to offset this settlment as our self-insured retention of $500,000 will be exceeded,and the excess carrier has approved the settlement.

 The settlement will extinguish all future liabilities.

Financial Impact:
The financial  impact to the District for this settlement is $275,750.  The source of funds is the General Fund.

For Additional Information, contact:
Joseph M. Moore (moorej@palmbeach.k12.fl.us)/ Dianne L. Howard

Attachments (list):
QandAIN1.doc

spacer graphic