Marshall County will see a reduction in insurance costs in 2018.
A $32,000 reduction will be realized. Brian Kubicki from Gibson Insurance told the Marshall County Commissioners this week that the county will save money in workman’s comp premium rates as they have gone down in Indiana. The county has also managed claims and prevented loss and injuries to employees which played a big part in the cost reduction as well. The safety committee is doing what they can to educate employees on safety issues, which Kubicki said is working.
There was an increase in the replacement cost value of some of the county buildings. Kubicki encouraged the commissioners to complete appraisals of the county buildings this year. The commissioners agreed and proposals will be presented in a future meeting. It has been five years or more since the assessments have been done.
Kubicki said the Shady Rest Home vacancy is making it difficult to insure. It is covered under a cash value and not replacement cost. It may be removed from insurance if the status is unchanged in six months. The commissioners and the Shady Rest Committee are actively working to find an organization to occupy the facility on Lincoln Highway.
Commission President Kevin Overmyer did sign a statement of values and insurance services agreement, as approved by all members.
