COUNTY OF ALBEMARLE Department of Fire Rescue – Fire Rescue Advisory Board – 460 Stagecoach Road, Suite F Charlottesville, Virginia 22902-6489 Voice: 434.296.5833 FAX: 434.972.4123 www.ACFireRescue.org EXECUTIVE SUMMARY AGENDA TITLE: AGENDA DATE: Insurance Premium Risk Management Wednesday, 23 February 2005 SUBJECT/PROPOSAL/REQUEST: FIRST READING SECOND READING Adoption of SAP/SOG to aid in reduction of INFORMATION ACTION insurance premiums, CONTACTS: CONSENT AGENDA: 1. Dan Eggleston INFORMATION ACTION ATTACHMENTS: Draft SOG-OPS-013 Vehicle Backing Draft SAP-DEP-017 Accident Reporting REVIEWED BY: Nauman BACKGROUND: Albemarle County has seen an increase in vehicle insurance costs over the past several years. Procedures need to be put in place to begin to accurately track incidents and accident trends, and to minimize property damage and personal injury in the future. DISCUSSION: Albemarle County Finance will give a presentation on insurance premium risk management based on the history of above and meetings with insurance providers and Finance Department recommendations. This Executive Summary was provided for an information first reading at the 26 January 2005 meeting. RECOMMENDATION: Staff recommends adoption of SOG-OPS-013 and SAP-DEP-017 by ACFRAB. We will provide the highest quality services to protect and preserve the lives, property, and environment of our community.