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New Business - Insurance

Title: IN5 Workers' Compensation /GH 135102

Recommendation:
I recommend that the School Board approve the Workers' Compensation claim #GH135102  in the amount of $69,248 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 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 48 year old Food Service Worker sustained bilateral knee  injuries when she slipped and fell resulting in knee surgery as well as exacerbation of a preexisting back injury.  A claim of permanent and total disability is pending which is estimated at a present value of over $125,000.

The District has paid over $83,699 in medical benefits, wage loss and expenses to date.  Future exposure is estimated at. Excess reimbursement is not anticipated.

The settlement will extinguish all future liabilities.

Financial Impact:
The financial  impact to the District for this settlement is $69,428.  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):
Q&AIN5.doc

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