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lobbying the Tennessee General Assembly on behalf of municipal governments, working with the TML Risk Management Pool, a cooperative risk-sharing arrangement established to provide liability insurance coverage, and; working with the Tennessee Municipal Bond Fund, which assists local governments in obtaining funding for capital projects.
A risk pool is a form of risk management that is mostly practiced by insurance companies, which come together to form a pool to provide protection to insurance companies against catastrophic risks such as floods or earthquakes. The term is also used to describe the pooling of similar risks within the concept of insurance.
Intergovernmental risk pool is the use of the risk pool risk management technique commonly practiced by private insurance companies, but applied to public entities (e.g. made up of government agencies, school districts, county governments and municipalities) who come together to form a pool to provide protection against catastrophic risks such as floods or earthquakes.
The city of Niota, Tennessee, population 700, has a police department with just three officers. Civil courts are a common path for police misconduct victims, costing major cities hundreds of ...
As a result, the city's liability coverage through the West Virginia Board of Risk and Insurance Management (BRIM) more than doubled, from $165, 000 to $342, 280. Now, BRIM wants out of Westover ...
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Thus, the younger and healthier people must pay into the risk equalization pool, and the older and sicker people will receive money from the equalization pool. A government agency usually assigns the risks and manages the risk pool. Governments can then subsidize health care for the unemployed or the retired by the risk pool system.
ZIllow's new climate risk maps show an East Tennessee city has an extreme air pollution risk. In September 2024, the online real estate site partnered with First Street, a company specializing in ...