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New Business - Insurance

Title: IN3 Workers' Compensation /GF 141831

Recommendation:
I recommend that the School Board approve the Workers' Compensation claim #GF141831 in the amount of $94,600 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 55 year old food service worker sustained cumulative hand and wrist injuries from 20 years kitchen work which ultimately resulted in multiple hand surgeries . She does not have the ability to continue working.

The District has paid over $66,000 in medical benefits, wage loss and expenses to date.  The present value of future estimated benefits exceeds $200,000, anticipating permanent and total disability.

This is a negotiated settlement of $94,600 against a demand of $150,000.

 The settlement will extinguish all future liabilities.

Financial Impact:
The financial  impact to the District for this settlement is $94,600.  The source of funds is the General Fund.

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

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