Suchergebnisse

One of the most significant public risk management developments of the past 15 years has been the creation of local government risk control and risk financing pools. Today it is estimated that over 200 pools provide services for up to 20,000 local governments. This article is an introductory discussion of pooling and includes information drawn from the first nationwide survey of pools, and gives suggestions for future research.

Outsourcing of risk management activities is a well‐established practice, involving a range of services from actuarial audits to loss control training to risk financing management to claims administration services. Surprisingly, little work has been done to examine the risks associated with outsourcing risk management activities. This article examines the outsourcing of claims management services by reviewing the research on outsourcing risks and by interviewing leading practitioners. In doing so, the authors draw some provisional observations about risks and risk costs associated with outsourcing claims management services—observations that seem generalizable to all risk management outsourcing.

Since 1970, state and local governments have experienced two "insurance crises;" the first occurred in the mid‐ to late‐1970s and the second in the mid‐80s. The result has been a twenty‐year period of time in which state and local governments have been able to afford insurance only intermittently‐if insurance has been available at all. In response to this problem, local governments, government associations, and state governments created alternative risk‐finartcing mechanisms to provide coverage for themselves. These mechanisms, commonly referred to as self‐insurance pools, enable local governments within a state to pool together risks and resources to finance the costs of fortuitous losses. In 1988, the first comprehensive examination of pooling practices was undertaken through a nationwide survey. This article reports the findings from the first follow‐up study since the 1988 survey and further extends knowledge of pooling and pooling practices.