Fort Wayne City Council met in committee session July 16 to discuss a few agenda items.
Jim Stergiou and Jon Griglack, actuaries from SGRisk, gave the council an update on the city’s self-insurance program. According to Griglack, the reports from last year were “all good,” and that there were minimal changes made to this year’s self-insurance agreement.
Griglack told the council that they had estimated that it would cost the city about $1.01 million, but that they could select their price in a range of plus or minus 20%.
Stergiou explained that over the past 25 years or so, the city’s decision to have a self-insured plan as opposed to buying insurance from the marketplace has saved them upwards of $20-$25 million, thanks to the city’s quick turnaround time on claim investigations and settlements.
The council also considered approval for an ordinance that would allow the city to contract out on-call consultant and inspection services. According to the division of city utilities in public works, the fluctuations in work from season to season makes it difficult to keep adequate people on staff. In conclusions, contracting six local consultants was a cheaper way to get the on-call presence they often need.
This ordinance would be in effect from August 2019 through July 2021, costing in excess of $100,000, thus requiring council approval. It received a do-pass recommendation of 8-1 with council member Russ Jehl as the opposing vote.