Washington Schools Face Budget Cuts as Abuse Claims Raise Rates

Washington Schools Face Budget Cuts as Abuse Claims Raise Rates

Bellingham, Washington – About 130 Washington school districts are facing steep increases in liability coverage costs as sexual abuse claims, including decades-old cases, drive up expenses for a statewide school risk pool. Cascadia Daily News reported that members of the Washington Schools Risk Management Pool were first told to expect an 18% increase. In May, many districts learned the increase would average about 45% after claims costs rose sh…

Sex abuse claims against some Washington school districts are raising insurance rates for all

In mid-May, as Washington school districts were deep into developing their budgets for the next academic year, around 130 received notices that their rates for the Washington Schools Risk Management Pool were going up. And not just by a little bit: by an average of 45%. School districts contribute funds to the risk pool instead of paying for traditional liability insurance. Those dollars are pooled to pay for settlements or costly claims against…

Sex abuse claims against some Washington school districts are raising insurance rates for all - The Daily Chronicle

In mid-May, as Washington school districts were deep into developing their budgets for the next academic year, around 130 received notices that their rates for the Washington Schools Risk Management Pool were going up. And not just by a little bit: by an average of 45%. School districts contribute funds to the risk pool instead of paying for traditional liability insurance. Those dollars are pooled to pay for settlements or costly claims against…