risk pool News

EU Contributes $15.8M to Caribbean Catastrophe Risk Insurance Facility

The European Commission has agreed to contribute €14 million ($15.8 million) so the governments of Central American countries and the Dominican Republic can access to “low cost, high quality catastrophe risk insurance.” The agreement will be executed by the World …

N.H. Court Upholds Local Government Center Repayment Decision

The New Hampshire Supreme Court has upheld an order for the Local Government Center to return $33 million in surplus risk-pool funds to participating cities and towns and restore $17 million it transferred out of its HealthTrust risk pool. The …

New Hampshire Risk Pool Manager Challenges $50M Refund Order

The New Hampshire Local Government Center is asking the state Supreme Court to reverse an administrative order that it refund $52 million to cities and towns it insures through its risk pool. The 2012 order found the LGC was violating …

More West Virginia Counties Join Workers’ Compensation Pool

In the wake of a decision by a West Virginia workers’ compensation insurer to drop its program for government agencies, more counties are lining up to join a risk pool. County governments throughout the state are joining the West Virginia …