Workers' Compensation Trust Fund Financial Health and Insurance Renewal
Summary
The board reviewed strong fund balances and approved the upcoming year's excess insurance policy to protect the city against high workers' compensation claims.
At a glance
- Total mentions
- 3
- Last 30 days
- 2
Discussed at 1 meeting in the last 60 days; most recently Oct 29, 2026.
Impact analysis
The excess insurance renewal is capped at $785,000, while the overall fund maintains a healthy surplus exceeding expected confidence levels by $23 million.
City employees covered by the self-insured workers' compensation program and taxpayers, who benefit from stable risk management and well-funded reserves.
Mentions & discussions (3)
Risk Management Trust Fund Board — October 29, 2026
The board will review and potentially approve the city's insurance coverage strategy for the upcoming fiscal year to protect municipal assets and operations.
Workers' Compensation Trust Fund Board — October 29, 2026
Glendale plans to keep self-insuring its workers' comp program without posting a security deposit, which requires maintaining at least $18.15 million in the trust fund. The final application goes to the state in November.
Workers' Compensation Trust Fund Board — May 14, 2026
The board reviewed strong fund balances and approved the upcoming year's excess insurance policy to protect the city against high workers' compensation claims.
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