Title:
Title
Fiscal Year 2018 Risk Management Annual Report
End
FileID
File ID: 2019-00140
Location
Location: Citywide
Recommendation:
Recommendation
Receive and file.
Contact: Patrick Flaherty, Risk Manager, (916) 808-8587; Renita Nelson, Administrative Analyst, (916) 808-3543, Department of Human Resources
Body
Presenter: None
Attachments:
1-Description/Analysis
2-FY2018 Risk Management Annual Report
Description/Analysis
Issue Detail: The Risk Management Division of the Human Resources Department (H R) is responsible for administering the City’s risk management program which includes the City’s self-insured, general/auto liability, property and workers’ compensation excess insurance programs. The 2018 Risk Management Annual Report is designed to provide the City Council and city management with an overview of risk management programs for the fiscal year.
The intent of this report is to provide City leadership and managers with exposure and loss information so effective loss prevention activities can be implemented to eliminate or reduce these losses in the future. The report contains summaries of workers’ compensation, general liability, and automobile liability losses by fiscal year. Loss prevention activities and types of insurance purchased, including insurance limits and premiums, are also included. Significant risk management related activities are also summarized.
Policy Considerations: Annual reporting of the City’s Risk Management activities provides the City Council with performance data to evaluate the effectiveness of the City’s investment in loss prevention activities.
Economic Impacts: None
Environmental Considerations: Under the California Environmental Quality Act (CEQA) guidelines, continuing administrative activities do not constitute a project and are therefore exempt from review.
Sustainability: None.
Commission/Committee Action: None.
Rationale for Recommendation: The Department of Human Resources, Risk Management Division is responsible for administering and reporting risk management related activity. Provision of this information is important in planning necessary mitigation programs to reduce risk and associated costs in the future.
Financial Considerations: None.
Local Business Enterprise (LBE): Not applicable.