Risk Management is responsible for administering the County's self insurance program for workers' compensation, general liability, automobile liability, and property damage claims.
The County's property exposures include real estate, business personal, vehicle physical damage, contractor's equipment physical damage, fine arts, money and security, stock, and fidelity and forgery.
The County Risk Manager determines the appropriate amount of risk retained and if necessary, purchases excess insurance that limits the County's exposure to specific and aggregate losses. In addition to purchasing commercial insurance products, the County, as a government entity, has protection under Florida's sovereign immunity statutes for large liability losses. Under these statutes, liability claims in excess of $100,000 per person or $200,000 per occurrence requires that a claim bill be passed by the Florida legislature before the excess judgment can be collected.