September 9, 2025 at 12:30 PM - NEW BOARD MEMBER ORIENTATION

I. Welcome & History

I.A. Workers' Compensation Self-Insurance Trust (WCSIT)

I.B. Role of Pooling 

I.C. Program Structure 

I.D. Glossary of Terms 

II. Legal Counsel & Governance Agreements

II.A. Role of Legal Counsel 

II.B. WCSIT Agreements 

II.B.1.  Trust Agreement 

II.B.2. Intergovernmental Cooperative Pooling Agreement 

III. Board Information

III.A. Board Composition 

III.B. Board & Committee Meetings 

III.C. Board Meeting Materials & Electronic Meeting Management Portal 

III.D. Meeting Logistics & Board Member Expense Reimbursement 

IV. Excess Insurance

V. Underwriting & Policy Administration

V.A. Coverages 

V.B. Rating Factors & Contribution Development

V.C. Policy Administration 

V.D. Payroll Audit 

VI. Budget and Claim Expenses

VI.A. Budget Development 

VI.B. Claim Expense Information 

VI.B.1. Actuarial Report 

VI.B.2. Incurred But Not Report (IBNR) 

VI.B.3. Run-Out Report 

VI.B.4. Excess Insurance Reports 

VI.C. BREAK

VII. Accounting & Investments 

VII.A. Financial Audit

VII.B. Financial Statements 

VII.C. Investments 

VII.C.1. Statement of Investment Objectives & Guidelines

VII.C.2. Investment Management 

VII.C.3. Chief Investment Officer 

VIII. Claim Administration

VIII.A. Services Provided 

VIII.B. Electronic Claim Reporting 

VIII.C. Claim Reporting to the Board

IX. Loss Control Services

X. Marketing

X.A. Alternative Risk Solutions (ARS) Structure 

X.B. ARS Agents

X.C. Marketing Activities 

XI. Directors & Officers Liability and General Liability & Special Events Coverages 

XI.A. Directors and Officers Liability Coverage

XI.A.1. Coverage

XI.A.2. Limits

XI.B. General Liability & Special Events Coverage 

XII. Conclusion