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2016 Session

Budget Amendments - HB30 (Floor Approved)

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Review of Virginia Association of Counties Risk Pool (language only)

Item 76 #1h

Item 76 #1h

Administration
Compensation Board

Language

Page 59, after line 18, insert:

"T. The State Compensation Board is directed to convene a group of stakeholders representing constitutional officers and the Virginia Association of Counties Risk Pool to jointly examine the liability policy coverage and contract for such coverage currently provided to constitutional officers under VARisk, the premiums which have and are being charged to local governments for such coverage, the educational and training services being provided to constitutional officers in coordination with the VARisk coverage, the names of the attorneys being utilized in defense of claims made against constitutional officers insured under VARisk, and the associated legal costs being paid for their services by VARisk. The results of such examination shall be compared by the State Compensation Board and stakeholders to available alternative coverage and contracts which could be provided by  the Virginia Association of Counties Risk Pool to insure constitutional officers, the premiums that would be charged for such coverage, the names of the attorneys that would be utilized in the defense of claims made against constitutional officers insured under this alternative coverage, and the legal fees that would be paid for such defense work. The State Compensation Board and stakeholders shall determine whether the available alternative coverage and services are competitive with or preferable to the coverage and services provided under VARisk and shall report their findings by December 1, 2016, to the Chairmen of the House Appropriations Committee and the Senate Finance Committee."



Explanation

(This amendment directs the State Compensation Board to convene a group of stakeholders to examine costs and liabilities to constitutional officers covered by VARisk associated with the Virginia Association of Counties Risk Pool, to examine alternative coverage arrangements, and to report their findings to the Chairmen of the House Appropriations Committee and Senate Finance Committee.)