The County Risk Sharing Authority is a property and liability self insurance pool that was established by the County Commissioners Association of Ohio (CCAO) in 1987. The objectives of CORSA are to offer members stability, cost savings, financial security, and comprehensive insurance protection and risk management services tailored to meet the needs of county government. The program is governed by a nine member board of trustees, all of whom must be commissioners from member counties.
INSURANCE COVERAGE PROVIDED BY CORSA
- Building - Contents: blanket, replacement costs
- Electronic Data Processing
- Flood and Earthquake
- Valuable papers
- Extra expense - business income
- Blanket employee dishonesty / faithful performance bond
- Money and Securities, including coverage for food stamps
- General Liability
- Professional Liability for County Engineers
- Law Enforcement Liability including defense costs for injunctive relief - jail suits
- Public Officials Liability, including violation of civil rights, employment practices
- Automobile Liability and physical damage
- Comprehensive Boiler and Machinery
- Medical Professional for nurses, therapists and psychologists
- Bond for underground storage tanks
- Broad named insured provisions, including coverage for elected officials, employees, volunteers, and all boards and board members appointed by county officials
LOSS CONTROL SERVICES
CORSA provides the following Loss Control Services to members:
- Loss Control Surveys
- Defensive Driving Training
- Safety Training
- Risk Management Seminars
- Newsletter
- Development of Loss Procedures
LEGAL COUNSEL
Legal Counsel is provided by attorneys who specialize in county government and federal court cases. Defense counsel and claims staff work closely with county prosecutors and elected officials while defending the county and its officials and employees.
INDEPENDENT INSURANCE AGENTS
The local insurance agent is the CORSA link that provides local service to the county. The local agent is selected by the county.
MEMBERSHIP BENEFITS
- Comprehensive property-liability insurance protection tailored to meet the unique needs of county government.
- Group purchasing power enables members to receive better protection and services for less cost.
- Long term savings.
- One program for all property - liability coverages resulting in one claims adjusting firm for all coverages, elimination of gaps and duplications and insurance program that is easy to administer.
- Stability.
- Financial Security (assets over $51,000,000, members equity $27,067.647 as of 4/30/2002.).
- No bidding requirements, easy to administer.