Risk Management

KASB offers`insurance with a purpose’

By Leah Fliter, lfliter@kasb.org What if your school district could protect itself against risk AND give back to public education? KASB’s Risk Management Group products offer precisely that opportunity. “We like to call our work ‘insurance with a purpose,’” says Risk Management Group Director Rod Spangler. “Every dollar districts spend on our products goes back out to support student success. No one in this market is in service to education like we are.” KASB for decades has offered districts workers’ compensation, property casualty and student accident insurance. With the recent addition of Employee Benefit Solutions, Spangler says the organization has the capacity [...]

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KASB Workers Comp board approves fourth consecutive annual rate decrease

The board of trustees of the KASB Workers Compensation Fund Inc. has approved the fourth consecutive annual decrease in the fund’s rating structure. This year, the decrease will be 8.8 percent. KASB’s Workers Compensation Fund has three “rating tiers.” All tiers have seen rate reductions over the four-year timeframe with the lowest tier seeing more than a 42 percent reduction. “Rates are going down, our reserves are strong,” said Rod Spangler, KASB’s Director of Risk Management. “Actuarially and fiscally, this fund is probably as strong as it have ever been,” Spangler added. The board met Saturday to approve the new rates, which [...]

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KASB’s Daily Education Roundup, Wed. Feb. 20

The Statehouse was busy with committee meetings Wednesday with KASB testifying on numerous bills. In House Taxation, KASB voiced opposition to SB 22, the tax cut bill that was approved by the Senate. KASB’s Mark Tallman, associate director for advocacy, said the Legislature should first address the Kansas Supreme Court ruling to add an inflation adjustment to school funding before working on tax cuts. “Kansas is falling behind other states in education funding, and therefore investment in its own people,” Tallman said. “Before adopting a major reduction in revenue, KASB urges the Legislature to adopt the inflation adjustment to the school [...]

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SBR: Employee Benefit Solutions earning high marks for efficiency, convenience, service

By Scott Rothschild, srothschild@kasb.org KASB’s newest service to help school districts has been up and running for nearly a year, and the reviews have been outstanding — earning high marks for efficiency, convenience and service. “I am very happy with the way that KASB Employee Benefit Solutions is working for our district,” said Debbie Walburn, treasurer for Silver Lake USD 372. Employee Benefit Solutions, which is offered by KASB Risk Management, is a technology-based service that improves management of both employer-sponsored benefits and voluntary benefits. EBS streamlines the annual job of selecting benefits. We spent the better part of 2017 researching, conducting user [...]

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KASB Risk Management expands customer support for Employee Benefit Solutions 

KASB Risk Management is pleased to introduce Amy Helt, a veteran customer service professional joining our team as a consultant to support our Employee Benefit Solutions subscribers.   Amy comes to us with 27 years of insurance industry experience. She will be based in Topeka at the KASB office and work directly with our members during the employee benefit solutions implementation process. She will be involved with the set-up process, acting as a liaison between our members and all our carrier partners to insure a smooth implementation process.   In addition, because she has nearly three decades of direct customer and account executive [...]

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