The Board took action on many items at last week’s meeting. The Board also received a report regarding the status of the 3/31/10 Property Program renewal. The EIA’s Program is expected to renew with a rate decrease and improved terms. Some of the significant decisions were:
- Approval of 2010/11 funding level & rates for the Excess Workers’ Compensation and General Liability I Programs
- Direction to circulate proposed amendments to the GLI Program Memorandum of Coverage
- Approval of amendments to the Liability Claims Administration Standards (commonly referred to as Addendum B)