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New Business - Insurance

Title: IN1 Workers' Compensation /MP 117520

Recommendation:
I recommend that the School Board approve the Worker's Compensation claim #MP 117520 in the amount of $68,250 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 64 year old Bus Driver sustained back injuries when she slipped in a puddle while walking to her bus on 10/16/95.  Although she was not a surgical candidate, the injuries resulted in permanent and total disability.

The District has paid over $174,000 in medical benefits, wage loss and expenses to date.  Excess reimbursement is not anticipated; the retention is $500,000 in accordance with the contract.

 The settlement will extinguish all future liabilities.

Financial Impact:
The financial  impact to the District for this settlement is $68,250.  The source of funds is the General Fund.

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

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