Risk Manager Lauren DeRidder was recently presented with
the annual FERMA Risk Management Program Best Practices Award for recognition
of excellent risk management practices. This distinction, presented by the Florida
Educational Risk Management Association (FERMA), is based primarily on having
the lowest workers’ compensation experience rating in the state. The experience
modification rate is an industry measure of the number and amount of worker’s
Lake County Schools’ experience modification rate dropped
from a 1.19 to 0.65. A modification rate of 1.0 is average and anything above
that results in a surcharge of premiums and state assessments. Anything below
1.0 results in a credit.
An additional award will be presented to the district at
the Florida School Boards Association’s Annual Joint Conference to be held in
Tampa in November.
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