Subrogation Policy–Property/Liability

Authorization to settle any subrogation claim should adhere to the following procedures: 

1. Keenan & Associates will be authorized to settle any property or liability claim up to and including $10,000, providing Keenan & Associates has approval from the JPA in consultation with the district.
2. Settlements above $10,001 and up to the SIR will involve consultation with the district representative and a majority vote of the Board members at a Board meeting

                                                                            or

3. Settlement above $10,001 and up to the SIR will involve consultation with the district representative and approval from a majority of the officers.

As respects any recoveries for payment made under the provisions of the Memorandum of Coverage, disbursement of these monies shall be as follows: 

1. Member districts to the extent of their deductible.
2. NCSIG to the extent of their payment on behalf of the member districts up to the SIR.