League of Cities May Bail Out Schools Insurance Pool

By Michael Whiteley, Eastern Bureau Chiefmike@workcompcentral.comThe Kentucky League of Cities is working with state insurance regulators on a plan that would allow it to take over management of a financially troubled self-insurance pool run for the state's school boards and infuse it with $8 million in cash.Officials of the League, the Kentucky School Boards Association and the state Department of Insurance confirmed a news report Thursday that the League is discussing a plan to take over underwriting, claims-handling and loss control for the Kentucky School Boards Insurance Trust (KSBIT)...