Epic 2026 WC Renewal Indication

AID 2015137 · View on Simbli

Agenda Item

iii. Renewal of the District’s Excess Workers’ Compensation and Employer’s Liability Insurance Policy (Not to Exceed $487,835)

Summary: Presented by: Mr. Glinton R. Darien, Jr., Director of Legal Affairs, Division of Legal Services
Request: It is requested that the DeKalb County Board of Education (“Board”) approve the renewal of the District’s Excess Workers’ Compensation and Employer’s Liability Insurance coverage with Safety National Casualty Corporation (“Safety National”), for $487,835. This cost is an early indication of the renewal quotation. The final quotation from Safety National may decrease.
Why: The DeKalb County School District (“District”) currently has an Excess Workers’ Compensation & Employer’s Liability Insurance policy with Safety National. That policy will expire on July 1, 2026. Therefore, the District must select an insurance carrier to renew its coverage for fiscal year 2027. The District is a self-insured employer for workers’ compensation and is therefore mandated by state law to purchase excess workers’ compensation coverage. Specifically, O.C.G.A. 34-9-121, et. seq., and the State Board of Workers’ Compensation Rule 121 (c), require self-insurance entities to carry excess workers’ compensation coverage.
Details: This item requests that the Board approve the renewal of the District’s Excess Workers’ Compensation & Employer’s Liability Insurance Policy with Safety National. The District’s broker, Edgewood Partners Insurance Center (“Epic”), negotiated the renewal of this policy with ten different insurance companies, including a prior insurer, Star Insurance Company (“Star”). The most favorable renewal was received from Safety National. This year, Safety National, as with last year, provided a flat rate. Star, as with last year, did not provide a flat rate. An insurance company that does not provide a flat rate will increase the rate per

payroll dollar, which will then result in a premium increase. For the remaining eight insurance companies contacted, inability to provide a flat rate, hardening market conditions, the District’s loss history, the District’s tight deadline for submission of quotes, coverage sought for police officers with the Public Safety Department, and the District’s increase in estimated payroll, resulted in a lack of quote submissions. These factors have also resulted in a premium increase for this year.

This year’s $487,835 premium represents a $70,585 premium increase over the 2025 premium of $417,250. This is a 16% increase. The 2024 premium was $311,675, which was a 14% increase over the 2023 premium. The 2023 premium was $272,800.

To provide the District with the most premium savings, the option which increases the District’s retention amount from $1,250,000 to $1,500,000 was selected again this year. This year’s estimated premium is subject to a final audit which could result in an additional premium or return of any premium overpayment.

Safety National’s quote provides a statutory limit for workers’ compensation. The policy limit for Employer’s Liability is $2,000,000.00 per occurrence.
Financial impact: This is a budgeted expense within the Risk Management budget. The cost code is 100.1000.526000.15311.7490.9990.8010.080.1531. The premium amount is $487,835.
Contact: Mr. H. Eric Hilton, Chief Legal Officer, Division of Legal Services, 678.676.0159
Mr. Glinton R. Darien, Jr., Director of Legal Affairs, Division of Legal Services, 678. 676.0403
Effective: July 1, 2026
Status: Pending Approval by the Office of Legal Affairs
DEKALB COUNTY SCHOOL DISTRICT




                                DEKALB COUNTY SCHOOL DISTRICT




                                  EXCESS WORKERS COMPENSATION
                                  & EMPLOYERS LIABILITY INDICATION
                                      July 1, 2026 to July 1, 2027




                                                              May 03, 2026

                   Prepared by:

                 Danielle Joseph, CPSR, Account Executive
                 Maggie Evans, Assistant Account Manager

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EXCESS WORKERS COMPENSATION ACCOUNT SERVICE TEAM


  SOUTHEAST GROWTH LEADER                                        BRENNEN PARKER
                                                          DIRECT DIAL 518.937.3203
                                       E-MAIL – BRENNEN.PARKER@EPICBROKERS.COM

  ACCOUNT EXECUTIVE                                           DANIELLE JOSEPH, CPSR
                                                            DIRECT DIAL 470.681.2612
                                                             DIRECT FAX 770.232.9202
                                       E-MAIL – DANIELLE.JOSEPH@EPICBROKERS.COM


   ACCOUNT EXECUTIVE                          ALEXIS HANKERSON-TOLBERT, CIC, AIAM
                                                            DIRECT DIAL 678.379.1165
                                         E-MAIL – ALEXIS.TOLBERT@EPICBROKERS.COM

  ACCOUNT EXECUTIVE                                  LATOYA COTTON, CRM, CIC, CISR
                                                           DIRECT DIAL 678.205.5949
                                                           DIRECT FAX 678.542-2653
                                        E-MAIL – LATOYA.COTTON@EPICBROKERS.COM

  ASSISTANT ACCOUNT MANAGER                                         MAGGIE EVANS
                                                          DIRECT DIAL 770.441.8503
                                         E-MAIL – MAGGIE.EVANS@EPICBROKERS.COM


  VICE PRESIDENT, CLAIMS MANAGER                              CHANTELLE PATTERSON
                                                            DIRECT DIAL 678.475.5706
                                                             DIRECT FAX 678.475.3858
                                   E-MAIL - CHANTELLE.PATTERSON@EPICBROKERS.COM


  RISK CONTROL                                          MICHAEL NISCHAN, CDS, CCSP
  SERVICE REPRESENTATIVES                                   DIRECT DIAL 678.475.5720
                                                                MOBILE 678.938.2012
                                                             DIRECT FAX 678.475.3852
                                       E-MAIL – MICHAEL.NISCHAN@EPICBROKERS.COM


                                                                       MIKE FOLMER
                                                            DIRECT DIAL 678.242.1377
                                                                MOBILE 678.215.8024
                                           E-MAIL – MIKE.FOLMER@EPICBROKERS.COM




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EPIC INSURANCE BROKERS SERVICE TEAM




          Danielle Joseph, CPSR              Alexis Hankerson-Tolbert, CIC, AIAM       LaToya Cotton- Robinson, CIC, CRM,
           Account Executive                          Account Executive                               CISR
                                                                                               Account Executive

 Danielle is a seasoned commercial         Alexis started off her career on the      LaToya has nearly 20 years of
 insurance and risk management             underwriting side as a trainer and        experience in the property and casualty
 professional with extensive               prep assistant for basics of insurance    insurance industry, including nearly 7
 experience in Commercial Property &       for Citizens Property and Casualty in     years with Resurgens Risk Management,
 Casualty insurance, supporting            South Florida. She then moved on to       Inc. where she was responsible for
 complex client portfolios across a        become a General Liability                servicing a book of middle market and
 range of industries, including national   underwriter and a right hand of the       large municipal clients.
 and multinational organizations.          program developer to assist with          In addition, she served as the OCIP
                                           policy change implementation and          (Wrap Up) Administrator for Fulton
 She has been with EPIC since 2020,
                                           retention improvement before              County Capital Improvement Program,
 managing a multimillion-dollar book
                                           moving to Georgia. Shortly after          DeKalb County Capital Improvement
 of business and serving as a trusted
                                           Alexis, transitioned to the agency side   Program (water/ sewer infrastructure)
 advisor to clients navigating
                                           focusing solemnly on property,            and City of Atlanta, Hartsfield Jackson
 operational change, including
                                           casualty, and risk management.            Atlanta International Airport.
 acquisitions, integrations, and
                                           Throughout the years Alexis has
 evolving risk profiles. She is                                                      She has been with the firm since 2014 .
                                           obtained a series of executive roles
 recognized for her ability to problem-                                              At EPIC Insurance Brokers &
                                           where she has been acknowledged for
 solve in high-stakes environments,                                                  Consultants, Mrs. Robinson is
                                           her long record of successfully guiding
 balancing analytical rigor with                                                     responsible for servicing a complex
                                           local, national and multinational
 practical, client-focused solutions.                                                book of business consisting of Public
                                           clients with their insurance
                                                                                     Entity and School Systems.
 Danielle’s approach emphasizes            needs. Alexis's helm of visionary
 proactive risk identification, coverage   strategies, transformations,              LaToya holds the professional
 alignment, and long-term program          acquisitions assistance, integrations,    designations of Certified Risk Manager
 stability, key elements for               and radical problem solving helped        (CRM), Certified Insurance Counselor
 organizations operating within            propelling growing companies to scale     (CIC) and Certified Insurance Service
 governance-driven environments.           and achieve higher levels of success.     Representative (CISR). Also, she holds
                                           As a 15-year veteran in the insurance     a Property & Casualty Agent License,
 Danielle was named a Pinnacle Award                                                 Surplus Lines Broker License and Life &
                                           and risk management profession,
 recipient, honoring exceptional                                                     Health License.
                                           Alexis is committed to ongoing
 performance, client advocacy, and
                                           professional development. She             Ms. Cotton is currently pursuing an
 leadership impact.
                                           currently holds the following industry    Associate In Risk Management (ARM).
 Danielle holds a Certified Professional   designations, Certified Insurance
 Services Representative (CPSR)            Counselor (CIC) , Associate in Account
 designation, reflecting her               Management (AIAM) and currently
 commitment to professionalism,            working on pursing her Charted
 ethical service delivery, and             Property Casualty Insurance
 continuous development.                   Designation (CPCU). Alexis has been
                                           awarded as honoree of "Women to
 Danielle is currently pursuing the
                                           Watch", and "Legacy Award" for her
 Certified Insurance Counselor (CIC)
                                           leadership, employee development
 Designation.
                                           and operational excellence.
                                                                                                                               3
EPIC INSURANCE BROKERS SERVICE TEAM




                Maggie Evans                             Brennen K. Parker                           Chantelle Patterson
         Assistant Account Manager                    Southeast Growth Leader             Vice President, Property & Casualty Claims


  Maggie began her career in the insurance Brennen K. Parker joined the EPIC                Chantelle has over 20 years of
  industry in 2023 after a successful tenure Southeast Regional team in July of 2023. experience in the risk management and
  in high school education as a mathematics Brennen’s current role in the enterprise as property and casualty claims industry.
  teacher, where she developed strong           Southeast Region Growth Leader, with a She has two additional claims specialists
  analytical and problem-solving skills. Her charge to promote organic growth               on her team to provide a high level of
  transition into the commercial insurance throughout the entire region, is to              service to and ensure all claims are
  space reflects her passion for learning and orchestrate resources needed to facilitate handled in a timely manner.
  adaptability in dynamic environments.         client attraction, current client overall
                                                                                            Mrs. Patterson is a results-driven
  At EPIC, Maggie plays a key role in           satisfaction, and Producer recruitment.
                                                                                            claims leader with extensive Workers’
  supporting Alexis Tolbert, Account            Prior to Joining EPIC, Brennen had similar
                                                                                            Compensation and Third Party Liability
  Executive, by assisting with day-to-day       responsibilities in both regional and
                                                                                            claims experience.
  client activities within EPIC’s Public Entity national Brokerage firms in New York,
  and Scholastic Practice. She is actively      South Carolina and Georgia. Brennen has Prior to joining the firm in December
  involved in managing client                   an intimate knowledge of the brokerage      2001, Chantelle spent five years in the
  communications, preparing policy              needs of clients on the Property and        risk management and insurance
  documents, and ensuring timely service Casualty business as well Employee                 industry. She routinely handles and
  delivery to meet client needs. Maggie’s       Benefits. Creating diversity in problem     manages large industrial, commercial
  ability to apply her educational              solving and creating complimentary          and Public Entity claims exceeding $2
  background to complex insurance               relationships among our business divisions. million. Chantelle’s focus has been on
  concepts allows her to provide exceptional Starting his career in 2000 at Liberty         managing claims and minimizing risks.
  support and contribute to the overall         Mutual, Brennen was immediately             Her experience includes Workers
  success of the team.                          provided an opportunity of learning and     Compensation, Crime, General
  Her strong organizational skills, attention practical insurance needs for customers       Liability, Property Damage,
  to detail, and commitment to client           across a broad spectrum of industry         Automobile Liability, Environmental
  satisfaction make her an invaluable           verticals and revenue volumes. Brennen is Liability, Third-party liability and
  resource within the Practice. Maggie holds a devoted husband and father – who             product liability claims.
  a Georgia Property and Casualty Insurance relishes the opportunities to spend time        Chantelle is a graduate of Georgia
  Agent’s License and continues to expand with his family while also incorporating his Southern University with a degree in
  her industry knowledge through ongoing personal interests of golf, fishing and            Business Management. Currently,
  professional development. She is              hunting to try and foster a balance in his  Chantelle is pursuing the Associate in
  dedicated to building long-term               life.                                       Claims (AIC) designation.
  relationships and delivering solutions that
  align with the unique needs of public
  entities and scholastic organizations.




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EPIC INSURANCE BROKERS SERVICE TEAM




       Michael Nischan, CDS, CCSP              Chris Mancillas, CIH, ASP SVP, Risk                  Mike Folmar, CSP, CEAS
   VP of Transportation & Logistics Risk       Control & Safety, Southeast Region                    Risk Control & Safety
                 Control                                                                                  Consultant
 Michael is responsible for the             Chris has more than 20 years of                Mike has more than 20 years of
 transportation risk control practice of    experience in the safety and health            experience in the health and medical
 EPIC’s Southeast operation. He has         arena. He is responsible for the risk          field. He provides mock OSHA
 more than 20 years of experience in law    control practice of EPIC’s Southeast           inspections/ comprehensive safety audit;
 enforcement, private industry              region. His team of seven safety               employee and management safety
 management, Public Entity risk control,    consultants and 3 administrators               training; safety procedures/program
 and consulting.                            provides mock OSHA inspections/                development; industrial hygiene surveys
 Michael helps motor carriers achieve       comprehensive safety audits; bilingual         including ergonomic evaluations, air
 and exceed regulatory requirements,        employee and management safety                 monitoring, noise assessments; and
 develops management and training           training; safety procedures/program            develops engineering controls.
 programs, implements operational           development; property liability                Mike spent 22 years working with
 controls to enhance efficiency and         assessments; industrial hygiene surveys        Concentra in various roles. He was
 educates all members of an organization    including ergonomic evaluations, air           responsible for evaluating and
 on compliance and security measures.       monitoring, noise assessments; and             rehabilitating injured workers. He then
                                            develops engineering controls.                 became the At-Work Consultant for
 Michael is a graduate of Lenoir-Rhyne
                                            Prior to joining the firm in 2000, Chris       Atlanta, conducting office and industrial
 College, with a degree in
                                            served five years as an OSHA                   ergonomic evaluations and developing
 Communication. He holds two NATMI
                                            Compliance Officer, inspecting various         ADA-compliant physical agility tests. As a
 certifications - Certified Director of
                                            companies in a wide array of industries.       Health and Safety Consultant, he
 Safety (CDS) and Certified Cargo
                                            He also worked for two years as a              conducted industrial hygiene surveys.
 Security Professional (CCSP).
                                            Radiation and Biological Safety specialist     Mike holds a Bachelor of Science degree
 Michael is a NATMI instructor and          for the East Carolina School of Medicine.      in Sports Medicine and Exercise
 provides professional certification and    Chris is a Certified Industrial Hygienist,     Physiology from Auburn University at
 training courses for transportation        an OSHA Authorized Trainer, a Certified        Montgomery and a Master of Science
 managers. He teaches compliance,           Forklift Trainer, a Certified Fire Sprinkler   degree in Occupational Health and
 management, accident investigation         Inspector, and a Certified Tower Climber       Safety from Columbia Southern
 and security principles. He has            & Rescue Trainer. He is a member of            University in 2007. Mike is currently
 instructed more than 200 companies         the American Industrial Hygiene                certified by the BCSP as Certified Safety
 from all over the United States            Association.                                   Professional (CSP). He is a
 including insurance firms, law firms and                                                  CEAS (Certified Ergonomic Assessment
                                            Chris is also fluent in Spanish.
 motor carriers.                                                                           Specialist), an OSHA Authorized Trainer.
                                                                                           He also holds several certifications and a
                                                                                           license in Sports Medicine.




                                                                                                                                        5
EXECUTIVE SUMMARY
 Edgewood Partners Insurance Center (EPIC) is proud to represent DeKalb County School District (DCSD) in the
 placement and management of its Workers’ Compensation and Employers’ Liability insurance programs. EPIC remains
 committed to supporting the District’s workforce through solutions that promote employee safety, financial stability,
 and long-term sustainability.

 Entering the 2026 renewal cycle, the U.S. Workers’ Compensation market continues to be the strongest-performing
 major commercial insurance line, following nine consecutive years of underwriting profitability. From 2015 through
 2023, the segment achieved an average combined ratio of approximately 91%, improving to 88% in 2023,
 outperforming nearly every other commercial line. This sustained performance has supported abundant capacity and a
 competitive market environment for well-managed public-sector employers.

 Despite these favorable fundamentals, insurers are increasingly signaling that the market is approaching an inflection
 point. Fitch Ratings and other industry observers note that the prolonged period of strong reserve redundancy—
 estimated to have exceeded 12% of earned premium annually for several years—has begun to moderate. While
 Workers’ Compensation reserves remain redundant overall, the pace of favorable development has slowed, prompting
 insurers to adopt a more measured underwriting posture entering 2026.

 Cost pressures continue to reshape carrier expectations. Wage growth remains a primary driver of indemnity exposure,
 as Workers’ Compensation benefits are directly tied to payroll levels. According to the U.S. Bureau of Labor Statistics,
 total compensation costs rose approximately 3.4% year-over-year in early 2026, reflecting sustained wage and benefit
 inflation across state and local government employers. At the same time, medical inflation remains a key severity
 driver. Data from NCCI indicates that workers’ compensation medical prices, as measured by the Workers’
 Compensation Weighted Medical Price Index (WCWMI), have trended between 2% and 3.5%, with expectations that
 costs will continue to drift upward as hospital and outpatient services normalize from recent moderation.

 Workforce demographics add another layer of complexity. The U.S. workforce is aging materially, with the Bureau of
 Labor Statistics projecting that the number of workers aged 75 and older will grow by approximately 96.5% between
 2020 and 2030. While older workers tend to experience fewer injuries, claim severity and duration are higher when
 injuries occur, contributing to increased medical and indemnity costs. Industry data shows that claims involving older
 workers can cost 30%–35% more on average due to longer recovery times and comorbidities.

 Environmental and regulatory dynamics are also influencing market sentiment. Extreme weather events are
 increasingly linked to workplace injuries, particularly heat-related illness and secondary accident risk, while federal and
 state regulatory initiatives continue to expand reporting and compensability standards. In parallel, legislative activity
 addressing mental-health-related claims is gaining momentum. Several jurisdictions have broadened eligibility for
 stress-related Workers’ Compensation claims beyond first responders, expanding potential exposure and increasing
 long-tail severity considerations for insurers.

 Despite these emerging headwinds, the near-term outlook for 2026 remains stable. Market data indicates that pricing
 for Workers’ Compensation programs is generally flat to modestly declining, particularly for accounts with strong safety
 performance, favorable loss experience, and disciplined claims management. Lockton reports that median
 guaranteed-cost Workers’ Compensation rates declined approximately 4% in late 2025, with loss-sensitive programs
 experiencing more modest reductions as underwriting discipline gradually increases.

 In this evolving environment, insurers are differentiating employers more deliberately based on measurable risk
 characteristics. Organizations that demonstrate effective safety programs, early return-to-work strategies, and
 proactive claims management are best positioned to sustain favorable outcomes as the market transitions toward more
 normalized profitability levels.
 EPIC remains focused on helping DCSD navigate these dynamics thoughtfully, aligning insurance structure and risk
 management strategy with the realities of the 2026 Workers’ Compensation market.                                              6
EXECUTIVE SUMMARY
2026 Workers’ Compensation Market Snapshot

• Underwriting Performance:
  Workers’ Compensation remains the strongest U.S. commercial line, posting nine consecutive years of underwriting
  profitability with an average combined ratio of 91% (2015–2023) and an estimated 88% combined ratio in 2023,
  outperforming other casualty lines.
• Reserve Strength:
  Industry reserve redundancy exceeded 12% of earned premium annually for multiple years; however, favorable
  development is moderating as insurers reassess reserve adequacy entering 2026.
• Wage & Indemnity Pressure:
  According to the U.S. Bureau of Labor Statistics, total compensation costs increased approximately 3.4%
  year-over-year in early 2026, directly influencing indemnity benefit costs tied to payroll levels.

Georgia Workers’ Compensation – Public Entity Market Snapshot (2026)
• Market Structure & Regulation
  Georgia is an NCCI-administered state, with all Workers’ Compensation rates, experience modifiers, and loss data
  governed through the National Council on Compensation Insurance. Rate filings and medical fee schedules are
  overseen by the Georgia State Board of Workers’ Compensation (SBWC), providing regulatory consistency
  statewide.
• Rate Positioning
  Georgia’s Workers’ Compensation rates remain approximately 10% below the national median, reflecting long-term
  tort reform measures and a durable statutory framework, including medical benefit caps for non-catastrophic
  claims. This relative cost advantage has been sustained even as national Workers’ Compensation pricing begins to
  stabilize.
• Wage Growth & Indemnity Pressure
  State and local government wages in Georgia increased in line with national public-sector trends, with total
  compensation costs rising approximately 3–4% year-over-year entering 2026. Because indemnity benefits are
  wage-indexed, sustained compensation growth directly influences Workers’ Compensation claim severity over time.
• Workforce Demographics
  Georgia mirrors national aging-workforce trends. Employment of workers aged 65 and older has more than doubled
  over the past two decades, and the population of workers aged 75+ is projected to grow by nearly 100% between
  2020 and 2030. Claims involving older workers are less frequent but typically 30%–35% more costly, driven by
  longer recovery periods and higher medical utilization an important consideration for public-sector employers with
  long-tenured workforces.
• Medical Cost Environment
  Medical inflation remains a focal point. NCCI reports Workers’ Compensation medical price growth in the 2% to
  3.5% range, with expectations of continued upward pressure as hospital outpatient and specialty care costs
  normalize. Georgia’s SBWC fee schedules provide some cost containment, but severity continues to trend upward
  due to treatment complexity and duration rather than unit pricing alone.
• Public-Sector Implications
  For school districts and other public entities, insurers are increasingly focused on return-to-work effectiveness,
  ergonomic risk management, and long-tenured employee exposure, rather than claim frequency alone. Georgia
  public entities with coordinated safety programs and disciplined claims management remain well-positioned to
  sustain favorable Workers’ Compensation outcomes entering 2026.




                                                                                                                       7
EXECUTIVE SUMMARY
We expect a flat rate of 0.0300 per expiring.

The District’s “do not exceed” indication $487,835 (EXPIRING PREMIUM $417,250 16.92% INCREASE OR $70,585)

The increase in the Districts estimated payroll 1,642,542,488 (EXPIRING PAYROLL: $ 1,390,833,831 – 18.10% INCREASE OR
$251,708,657)

The projected increase is driven by the updated experience modification factor (1.616), recent loss activity, and an 18% increase
in payroll exposure. The incumbent underwriter has advised that this reflects a true “do not exceed” position based on current
exposure and claims trends.

From an underwriting perspective, the risk profile remains stable overall; however, there has been a modest increase in
aggregate losses, particularly in claims exceeding $250,000, which is contributing to the pricing pressure.

At this time, we do not anticipate any changes to the structure or scope of coverage, including the $1,500,000 self-insured
retention and $2,000,000 employers’ liability limits.

EPIC will complete a full marketing of the District’s Excess Workers’ Compensation and Employers’ Liability Insurance program
with all viable insurance carriers as part of the upcoming renewal process.

The information provided below reflects a summary of prior-year marketing efforts and is included for historical and illustrative
purposes only. This information will be updated, refined, and finalized upon completion of the current renewal marketing and
issuance of the final proposal.
          Carrier Approached                                    Marketing Results

          Star Insurance Company (Incumbent)                    Could not provide a flat rate per expiring

          Safety National                                       This carrier declined last year we were able to get them to come
                                                                in this year with a flat rate per expiring to compete with Star
                                                                Insurance
          Midwest Employers Casualty Company                    Could not quote due to need by date final documents were
                                                                received a few days before the due date


          Arch Insurance Company                                Declined. Would not be competitive as their pricing would be
                                                                significantly higher than expiring and they would require a $2M
                                                                SIR.
          AIG Insurance Company                                 Declined. Can no longer write K-12 risk, only Higher Education.

          Chubb Insurance Company                               Declined. Cannot provide coverage for police exposure.

          BRIT Insurance                                        Declined. Not a good fit.

          Star Stone Insurance                                  Declined. Not a good fit.

          Lloyd’s of London                                     Declined due to losses.

          Bridge Excess Solutions, an FC Capital Company        Declined. Not competitive this year on rates.


  Thank you for allowing EPIC Insurance Brokers & Consultants to serve as an extension of your Risk Management
  Department. Please let us know if you would like to discuss any of the above in more detail. We remain
  available at your convenience.



                                                                                                                                    8
EXCESS WORKERS’ COMPENSATION &
EMPLOYERS LIABILITY INSURANCE

  COMPANY:    Safety National Casualty                 EFFECTIVE:       July 1, 2026 to July 1, 2027
              Corporation
 POLICY #:    Renewal of SP4069452                     PREMIUM:        $487,835 Deposit Premium



  WORKERS’ COMPENSATION: State law O.C.G.A. (34-9-2 Section A, Paragraph 2) requires that every employer provide
  Workers’ Compensation insurance for their employees. This insurance provides coverage for accidents or disease
  arising from employment as prescribed by these state laws. Benefits can include lost wages, medical expenses, and
  permanent disfigurement/disability payments.

  STATUTORY WORKERS' COMPENSATION: This coverage is used to comply with the Workers' Compensation Coverage that
  is required by your state law. Under this requirement, an employee can be compensated if they are injured while
  working for you, regardless of your negligence as an employer.

  EMPLOYER’S LIABILITY: This coverage will pay for all sums which you are legally obligated to pay because of bodily injury
  by accident or disease sustained by any employee arising out of their employment. This coverage is distinct from any
  Workers’ Compensation policy claim.

  SPECIFIC LIMIT EACH ACCIDENT
  Policy Part One, Workers’ Compensation: Statutory
  Policy Part Two, Employer’s Liability: $2,000,000

  SPECIFIC LIMIT EACH EMPLOYEE FOR DISEASE
  Policy Part One, Workers’ Compensation: Statutory
  Policy Part Two, Employer’s Liability: $2,000,000

  RETENTIONS:
  Specific Retention- All Other $1,500,000

  ESTIMATED ANNUAL PAYROLL: 1,642,542,488 (EXPIRING PAYROLL: $ 1,390,833,831 – 16.91% INCREASE OR $251,708,657)

  EXCESS RATE: 0.0300 (EXPIRING EXCESS RATE: 0.0300 - 0% INCREASE OR DECREASE)

  ESTIMATED AND DEPOSIT PREMIUM INCLUDING TERRORISM: $487,835 (EXPIRING PREMIUM $417,250 16.91% INCREASE OR
  $70,585)




                                                                                                                              9
BUDGETARY ACKNOWLEDGMENT / AUTHORIZATION TO PROCEED



  EPIC Insurance Brokers & Consultants Attn:
  Danielle Joseph, Account Executive
  2405 Satellite Boulevard, Suite 200
  Duluth, GA 30096

  Re: Authorization to Proceed
  DeKalb County School District
  Excess Workers’ Compensation Insurance

  Dear Danielle:

  I have reviewed the renewal indication presented by EPIC on May 3, 2026. Based on the information provided, I
  approve the estimated budget for the insurance program and authorize EPIC to proceed with marketing and securing
  final terms, subject to final review and approval.




                   COVERAGE                                       POLICY PERIOD                   PREMIUM
 EXCESS WORKERS’ COMPENSATION
                                                           JULY 1, 2026 TO JULY 1, 2027          $487,835
 $1,500,000 SELF INSURED RETENTION




  Dr. Norman C. Sauce, III, Interim Superintendent of Schools                             Date
  DeKalb County School District




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