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Home > NJSIG Board of Trustees Meeting March 23, 2022

NJSIG Board of Trustees Meeting March 23, 2022

Dates: 
Wednesday, March 23, 2022 - 10:00am

 

BOARD OF TRUSTEES MEETING
Wednesday, March 23, 2022
6000 Midlantic Drive, Suite 300 North, Mount Laurel, NJ
Meeting 10:00 a.m.

Groups audience: 
Board Meetings
- Private group -

1. Call to Order

In accordance with the Sunshine Law and N.J.S.A. 10:4-10, due notice of all pending meetings was given to the Atlantic City Press, Newark Star Ledger, and Trenton Times on November 30, 2021.  Copies of these notices are on file with the New Jersey Secretary of State.

Groups audience: 
Board Meetings

2. Roll Call

Stephanie Brown, Ed.D. Irene Le Febvre Josephine Sharpe
Richard J. Casey Joseph Meloche, Ed.D. Dana Sullivan
Christopher Carrubba Christopher Russo, Ed.D. Damaris Gurowsky

 

Groups audience: 
Board Meetings

3. Acceptance of the public and closed (executive) session minutes for January 26, 2022

Acceptance of the public session minutes for January 26, 2022.

Public Attachments: 
PDF icon 03.Board of Trustees meeting minutes for January 26, 2022.pdf
Groups audience: 
Board Meetings

4. Public Participation

Opportunity for public to address the NJSIG Trustees regarding specific agenda items.  Each person will have five minutes to speak.

Groups audience: 
Board Meetings

5. Sub-fund Liaisons

Groups audience: 
Board Meetings

6. Reports

A.  Executive Director Report Jill Deitch
B.  Accounting/Finance Report Michele Carosi
C.  Underwriting Report Claire King
D.  Claims Report Sherwin Archibald
E.   Information Technology Report Jeff Cook
Public Attachments: 
PDF icon 6.A.Executive Director Report.pdf
PDF icon 6.B.Accounting Finance Report.pdf
PDF icon 6.C.Underwriting Report.pdf
PDF icon 6.D. Claims Report.pdf
PDF icon 6.E.Information Technology Report.pdf
Groups audience: 
Board Meetings

7. Discussion items

 
 A.  COVID-19 returns; update         Jill Deitch
 B.  Trustee terms Jill Deitch
Public Attachments: 
PDF icon 07.B.NJSIG Trustee Terms (updated 3.23.2022).pdf
Groups audience: 
Board Meetings

8. Action items

A.  WTW general rate level analysis July 1, 2022 - 2023
 
     1.  Presentation of analysis on retained risk/SIR
Stacy Mina, WTW
     2.  Recommendations to the Board on retained risk/SIR
          (NJSIG No. 0322-1)
Jill Deitch
B.  WTW cyber rate level analysis July 1, 2022 - 2023
 
     1.  Presentation of analysis on retained risk/SIR
Stacy Mina, WTW
     2.  Recommendations to the Board on retained risk/SIR
          (NJSIG No. 0322-2)
Jill Deitch
C.  Excess and reinsurance for the 2022-2023 policy year
          (NJSIG No. 0322-3)
Jill Deitch
D.  NJSIG holiday policy – first reading
          (NJSIG No. 0322-4)
E.  NJSIG sick policy – first reading
          (NJSIG No. 0322-5)
F.  Sponsorship, NJSBA Workshop 2022 Oct. 24-26
          (NJSIG No. 0322-6)
G.  Contracting: Financial auditor                                     
          (NJSIG No. 0322-7)
Stephen Tucker
 
Stephen Tucker
 
Jill Deitch
 
Michele Carosi
 
H.  Checking accounts & new claims ratification
          (NJSIG No. 0322-8)
Michele Carosi
Public Attachments: 
PDF icon 08.A.0322-01 - General retained risk (action item and resolution).pdf
PDF icon 08.B.0322-02 - Excess insurance, reinsurance and group insurance (action item and resolution).pdf
PDF icon 08.C.0322-03 - Holiday policy (action item and resolution).pdf
PDF icon 08.D.0322-04 - Sick leave policy (action item and resolution).pdf
PDF icon 08.E.0322-05 - NJSBA sponsorship (action item and resolution).pdf
PDF icon 08.F.0322-06 - Financial auditor (action item and resolution).pdf
PDF icon 08.G.0322-07 - Checking and claims (action item and resolution).pdf
PDF icon 08.H.0322-08 - Cyber retained risk (action item and resolution).pdf
Groups audience: 
Board Meetings

9. New business

Groups audience: 
Board Meetings

10. Closed (executive) session

EXECUTIVE SESSION RESOLUTION
WHEREAS, N.J.S.A. 10:4-6 et. seq., (“the Open Public Meetings Act”), authorizes public entities to meet in executive session under certain circumstances; and
 
WHEREAS, the Open Public Meetings Act requires that the Group adopt a resolution at a public meeting to go into private session; now, therefore,
 
BE IT RESOLVED by the Board of Trustees of the New Jersey Schools Insurance Group that it is necessary to meet in executive session to discuss certain items involving:
 
A.  Litigation; and/or
B.  Matters involving attorney client privilege; and/or
C.  Matters involving pending contract negotiation.
 
BE IT FURTHER RESOLVED that any discussion held by the Board of Trustees which need not remain confidential will be made public as soon as feasible.  The minutes of the executive session will not be disclosed until the need for confidentiality no longer exists.
 
FURTHER RESOLVED that the Board of Trustees will not return to open session to conduct business at the conclusion of the executive session.
Groups audience: 
Board Meetings
Source URL: https://boardmeetings.njsig.org/node/4761