City to settle Outpatient Services East lawsuit for up to $90,000
If approved, the city would pay up to $90,000 to resolve the legal claim filed by Outpatient Services East. The settlement would be funded from the general fund.
Item #27
Regular City Council Meeting
City approves $2M excess workers' comp insurance with Midwest Employers
Legal & Settlements
$2.0M
, Red tier (over $1 million)
City commits $2M annually to insure against large workers' compensation claims. Protects city finances if employee injury costs spike above the $1M self-insured threshold.
Counterparty:
Midwest Employers Casualty Company
Funding source:
Unknown
Action type:
Resolution