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 #51
Regular City Council Meeting
City approves $2M excess workers' comp insurance with Midwest Employers
Legal & Settlements
$2.0M
, Red tier (over $1 million)
City protects itself against large employee injury claims by setting aside $2M for excess workers' compensation coverage. This shields municipal operations if costs exceed the $1M self-insured retention limit.
Counterparty:
Midwest Employers Casualty Company
Funding source:
General Fund
Action type:
Resolution
passed
8–0