SDPAA – A Look Back and a Look Ahead By Judy Payne, Executive Director
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As I write this, it’s still December – that time of year when we typically reflect on the year which is coming to a close. However, when you read this, it will be January – that time of year when we typically look ahead at what the New Year may bring. So, I’m writing on a little of both the past and the future.
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First and foremost, thank you to our Member-owners for your dedication, support and assistance in the continuing success of the SDPAA. Our membership continues to grow and our coverages and services continue to expand and improve, all while maintaining stable rates and a healthy financial foundation.
We developed on-line submission request forms for certain transactions. With the South Dakota Office of Risk Management and the SDML Workers Compensation Fund, the SDPAA hosted the 2016 South Dakota Risk and Safety Conference, “Risk Management – Taking It To The Next Level”, an excellent training resource for our Members. Topics addressed included cyber attacks and defenses, a mock trial involving excessive use of force allegations, working with multiple generations in the workplace, dealing with threats and hostile people in the workplace, getting safety performance to the next level, fleet safety, addressing substance abuse in the workplace, and recognizing the dangers of methamphetamine one pot labs.
Looking Back j Favorable loss history allowed for a composite rate action of a mere .08% rate increase in 2016. j We successfully revised, simplified and updated the SDPAA’s underwriting rating system – a plus for Members, SDPAA staff and service providers. j We simplified the application and renewal processes.
Looking Forward j Based upon the latest actuarial report, there will be a slight uptick in some rates with a composite rate action of a 1.06% increase in 2017. j 2017 will bring the installation and implementation of a web-based “pool management information system” which will create numerous opportunities for staff and
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SOUTH DAKOTA MUNICIPALITIES
