Coverages/Services

Coverage

LARM members, through the Board of Directors, dictate the terms of the coverage to be provided. They recognize the importance of the special tort limitations and immunities provided to municipalities in the Political Subdivisions Tort Claims Act. The coverage terms and limits are designed to preserve them. LARM’s specialization provides a unique ability to anticipate members’ needs and provide innovative solutions.

Property Casualty

• Property (Building/Contents and Inland Marine)
• Boiler and Machinery
• General Liability
• Public Officials Liability
• Employee Benefits Liability
• Law Enforcement Liability
• Excess Liability
• Automobile Liability/Physical Damage
• Crime (Money & Securities)

Workers' Compensation

Workers' Compensation coverage was added to the LARM program in 1997 to help cities and villages meet their statutory responsibilities for on-the-job employee injuries and loss-of-time claims.

Optional Coverage

The following optional coverages are offered by JI Speciality Services, Inc. as a service to the LARM membership:

• Liquor Liability
• Special Events
• Employee Dishonesty/Crime Coverage
• Accidental Death and Dismemberment (volunteers)

Services

The services provided by LARM are determined by its members. LARM's service package has been developed with a focus on educating members in the practice of risk management and loss control. Members receive services to help them prevent losses, and to reduce the cost of claims that do occur. The goal is to reduce the liabilities for the losses of the members, resulting in reduced rates or return of equity to its members in the form of dividends.

Risk Management Services

• Annual coverage review to explain coverage and review schedules
• Building appraisals (buildings over $50,000)
• Contract reviews – suggest risk transfer techniques
• On-site risk management training for department heads
• Annual member reports
• Risk management resource for day-to-day issues presented by members

Loss Control Services

• Property surveys – comprehensive safety inspections to identify property, liability and workers’ compensation loss exposure
• Help in developing safety committee/loss prevention programs
• Sample loss prevention manual and help development/implementation
• Training on how to do self-inspections
• Safety and health training and educational support
• Training & Seminars - Training and on-site seminars for any area of interest as well as regional seminars held throughout the state; Risk management resource for day-to-day issues presented by members
• Perform loss analysis to determine trends
• General Consultation – Advice, analyses and assistance with any loss control or safety issues
• Videos & Publications

Claims Services

• Assertive claims handling
• 3-point contact – member/employee/medical provider
• Outside surveillance used as necessary
• Follow state statute
• Case manager 
• Catastrophic claims
• Upon member specific request
• Determine ultimate probable cost – within 180 days
• File review every 45 days thereafter
• File reviewed upon new case developments