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Finance Highlights 2006 1004
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Finance Highlights 2006 1004
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Last modified
6/6/2007 4:01:51 PM
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11/3/2006 3:13:07 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
10/4/2006
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_CC Agenda 2006 1106
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\City Clerk\City Council\Agenda Packets\2006\Packet 2006 1106
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<br />George Hills procedures include requirements for: <br /> <br />· Communicating with the City Risk Management Analyst and department <br />to develop evidence of incident facts supporting the liability determination <br />or mitigate the City's comparative negligence. <br /> <br />· Documenting the liability assessment analysis in a preliminary within <br />7 days of claim receipt and a full captioned report within 30 days of claim <br />receipt. <br /> <br />· Documenting liability assessment updates within 7 days of knowledge of <br />new evidence or change in circumstances and completing claims file <br />follow up a minimum of every 30 days while investigation is ongoing and <br />a minimum of every six months post denial. <br /> <br />· Working with the City Risk Management Analyst to timely reject claims <br />and dispute actions of late claim applications. <br /> <br />· Promptly issuing a reservation of rights letter when coverage IS <br />questionable. <br /> <br />We graded this component based upon the following criteria: <br /> <br />Grade <br /> <br />4 <br /> <br />3 <br /> <br />Criteria <br /> <br />Liability assessment activities are completed timely. <br /> <br />Liability assessment activities are completed untimely, but follow up will <br />resolve requirements without increased costs. <br />Liability assessment activities are delayed for prolonged period and <br />immediate action is needed to avoid increased costs. <br />Liability assessment activities will be difficult to complete due to <br />prolonged delays and information necessary to defend claim may not <br />be attainable resulting in increased costs. <br /> <br />2 <br /> <br />1 <br /> <br />Two exceptions for George Hills are noted in Table II-7. Performance is assessed as <br />Superior. <br /> <br />15 <br /> <br />ARM <br /> <br />Tee h <br />
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