Monday , December , 18 2017

APEI Wins Longest Outstanding Civil Litigation Case On File

APEI’s oldest and most expensive civil litigation file was finally resolved by a Bethel jury verdict on February 24th.

Thirty-one Hooper Bay residents sued Lower Yukon School District, claiming the district was responsible for the August 2006 Hooper Bay school fire because the plywood skirting around the school was not maintained, allowing children to gain access. The plaintiffs were asking for millions of dollars in damages for their homes and lost personal property.

What took lawyers and experts over 4 years of contested argument and opinion, including two Supreme Court petitions for review, required the jury less than 15 minutes to decide and sign a special verdict form that LYSD was not negligent.

As prevailing party, LYSD has filed for and will be awarded Civil Rule 82 fees and costs, which will be owed jointly and severally by each named plaintiff.

Plaintiffs have not filed an appeal.
Sunday, April 1, 2012/Author: Alaska Public Entity Insurance/Number of views (2056)/Comments (0)/
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Dividends and More

From the Desk of the Director, Jeff Bush

There are many signs of Spring: breakup; budding crocuses; more daylight; baseball.  However, there is another Springtime ritual that is becoming commonplace: the distribution of dividends to APEI members.  At its Spring meeting this past March, the APEI board, for the third year in a row, authorized the company to pay out dividends to members.  This year, the total amount to be handed out will be the highest ever. 

This year’s distribution, which will show up on members’ renewal quotes, will reduce renewing members’ premium bills by almost 15%.

Each member’s dividend will vary.  Although every renewing member will receive a dividend, the amount of the dividend is affected by two things: longevity in the APEI program (maximum benefits apply after 3 years) and the member’s loss record.  Those members with fewer than average losses will see higher than average dividends.  This is just one more reason to do all you can to keep losses in check.

Alone, the dividend is a wonderful way to reward program members and help keep insurance costs low.  But that’s not all.  Also at the Spring meeting, the board again approved using some excess company assets, or equity, to reduce premiums for everyone.  Even new members will enjoy these premium reductions.

Premium reductions will lower the cost for each APEI member’s insurance by another 10%.

Between the two programs—the dividend and the premium reduction—the cost for insurance for APEI members is being cut almost 25%. 

Insurance costs in general are rising.  Although we hope these programs will result in lower premiums compared to last year, that is not a guarantee.  Claims and reinsurance costs continue to rise.  But even if a member’s premium doesn’t go down, these programs nonetheless help offset any other increases. 
Sunday, April 1, 2012/Author: Alaska Public Entity Insurance/Number of views (1836)/Comments (0)/
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Social Media for Public Entities

Social Media for Public Entities

Recorded Webinar - 3/15/2012

This webinar, put on by Alaska Public Entity Insurance, discusses the issues public entities face with regards to social media. It also discuss how you can prepare yourself with a good social media plan. These webinars are provided for APEI members as a service. 
Thursday, March 15, 2012/Author: Alaska Public Entity Insurance/Number of views (647)/Comments (0)/
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How to Screen Employment Applications

How to Screen Employment Applications

recorded webinar - 2/16/2012

In this webinar, recorded February 16, 2012, we discuss the do's and don'ts of screening employment applications.
Thursday, February 16, 2012/Author: Alaska Public Entity Insurance/Number of views (0)/Comments (0)/
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Addressing the Aging Workforce

Addressing the Aging Workforce

Webinar Recorded - 11/8/2012

The workforce is aging. Working with older workers presents new challenges and new opportunities. Come join us in this webinar to explore how to take advantage of the aging force and learn about how to accommodate new needs.
Sunday, January 8, 2012/Author: Alaska Public Entity Insurance/Number of views (0)/Comments (0)/
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Reporting a Loss?

Alaska Public Entity Insurance

2233 Jordan Ave
Juneau, AK 99801-8050

Phone: 907-523-9400

Toll-Free: 877-586-2734

Fax: 907-586-2008