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W. Dundee honored for insurance claims procedures

Due to its record on insurance claims and loss prevention procedures, West Dundee has received recognition and a cash award from the consortium that insures it and 69 other governmental agencies.

The Intergovernmental Risk Management Agency recognized the village with its 2012 Excellence in Public Risk Management award in the small member category.

The village received the award and $1,500 during IRMA’s June 26 board meeting in Westchester.

West Dundee’s claims for insurance are few in number and small in amounts, officials said. In 2012, the village had a total of 13 claims with a total claims expenditure of $104,746, officials said.

In 2006 to 2011, the village averaged 13 claims per year, with an annual average claims expenditure of $62,000, officials said.

Since 2008 village officials have saved nearly $75,000 in premiums. Last year the village spent $155,000 for its premiums, Village Manager Joe Cavallaro said.

“Obviously, based on our history, it’s not just a one-year trend,” Cavallaro said. “We pride ourselves on focusing on safety and making sure that the employees are well-aware of those efforts, because it does translate into dollars. It means dollars are elsewhere in the budget.”

Cavallaro said officials plan on rewarding village workers for their hard work as well.

“We’re going to buy the employees lunches, because obviously it’s their hard work that gets us the savings,” Cavallaro said. “And one of the things that we’re recommending to the board is reinstating some employee recognition awards.”

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