Sec. 128.203. - Reports on risk management program.

(a) The Mayor, through the Director, shall submit to the City Council annually by June 1 a formal report on his or her analysis of the Risk Management Program, which shall include: (1) Underwriting information as to the nature of the risks accepted for self-insurance and those risks that are transferred to the insurance market; (2) The funds appropriated or contributed to the Self-Insurance Fund and premiums paid for insurance through the market; (3) The costs of administration and operation of the Risk Management Program; and (4) Assessments made or loss provisions returned by the Director during the reporting period. (b) Annually by June 1, the Director shall submit to City Council the Risk Management maintained inventory of City owned properties. (c) The Director shall submit the final annual and semi-annual risk Actuarial Reports to City Council upon receipt. (d) The Division shall make available to the appropriate committee of the City Council and to the Participating Independent Agencies a complete claims history including description of loss, claims and reserves and the cost of all claims handled by the Risk Management Program. (Ord. 2018-380-E , § 2)