MIDDLESEX COUNTY MUNICIPAL JOINT INSURANCE FUND AGENDA. June 25, 2014

Transcription

1 MIDDLESEX COUNTY MUNICIPAL JOINT INSURANCE FUND AGENDA June 25, Call to Oder Sunshine Notice Michael Januszka 2. Roll Call 3. Approval Minutes May 28, Administrator s Report W. Kurtz a. Claims Synopsis b. Investments 5. Managed Care a. Qual Care D. Setzer Claims Saving and Network Reports 6. Safety & Loss Control G Kurtz 7. Finance Report J Monzo 8. Closed Session Claims Review G. Kurtz 9. Old Business 10. New Business 11. Audience Comments 12. Bill List 13. Adjourn

2 MIDDLESEX COUNTY MUNICIPAL JOINT INSURANCE FUND AGENDA June 25, 2014 BILLS LIST Salaries $ 44, First Rehab. Life Ins Co of America Dental Insurance $ Oxford Health Insurance $ 9, Governmental Risk Mgt Assocs Operating Exp $ 47, Pastosa Lunch June $ GRM File Storage $ QualCare Managed Care $ 23, Skyline Training NJDOH Surveys $ 20, Borden Perlman Risk Manager $ 2, Millstone NAIMC Risk Manager $ 14, Monroe Asbury Park Press Advertisement $ Home News Advertisement $ Federal Appraisal Property Appraisals $ 7, Links Insurance Property, Ex Liability $ 470, Four Points Associates Professional Liability $ 10, ISO Claims Search $ Sokol, Behot & Fiorenzo Special Counsel $ 9, DT Services CDL Testing $ 2, Matthew Bender NJ Admin Code Subscrib. $ Theresa Delaney Trial Expenses $

3 MIDDLESEX COUNTY MUNICIPAL JOINT INSURANCE FUND REGULAR MEETING June 25, 2014 A meeting of the was held on Wednesday, June 25, 2014 at 1 Jocama Blvd, Suite 2B Old Bridge, NJ. The meeting was called to order at 12 :20 p.m. by Chairman Michael Januszka. Notices were placed in the newspapers and posted in accordance with the Open Public Meetings Act. Roll call was taken by William Kurtz. Present: Michael Januszka, Milltown; Denise Jawidzik Jamesburg; Russ Marchetta, New Brunswick; Robert Sheehan, Plainsboro; Wayne Hamilton Monroe; Joseph Merritt, New Brunswick Parking Authority; Fredrick Carr & Joseph Zanga South River; Dawn McDonald, Spotswood; and Bernie Hvozdovic, South Brunswick; Joseph Belina Freehold; Kevin Boyle Pompton Lakes. Also Present: William M. Kurtz, Executive Director; Glen T. Kurtz, Assistant Executive Director; Edward Testino, Fund Counsel; Sean Kelly, Bordman Perlman; Jay McMannus and Robin Raccioppi (NAIMC); Craig Josephson (DMH Agency); Jim Gotay (Skyline Environmental, Inc.). Chairman Michael Januszka appointed Bernie Hvozdovic, to the Executive Committee to fill in for absent Commissioner. Approval of Minutes May 28, 2014 Approval of May 28, 2014 minutes, was moved by Denise Jawidzik, seconded by Bernie Hvozdovic with the exception of Wayne Hamilton, Joseph Bellina, and Kevin Boyle who abstained, was approved by an all aye vote from the Executive Committee. Administrator s Report Kurtz a) Claims Synopsis (see attached): WC 19% 71% 111% GL* 1% 24% 123% AL 17% 27% 124% Auto Physical Damage 107% 128% 109% PROP 17% 15% 85% AY/AL 115% * includes public official and law enforcement liability b) Investments (see attached): Mr. Kurtz reported that total investments of $19,560,772. Yield an estimated annual interest of $135,234.

4 MIDDLESEX COUNTY MUNICIPAL JOINT INSURANCE FUND REGULAR MEETING June 25, 2014 page 2 QualCare In Donna s absence her report was submitted for the month of May s Network Savings and Penetration Report (see attached) with the committee. For the year 2014, the JIF had a total savings of $2,333,119 or 67% with a network penetration of 96%. Safety & Loss Control G. Kurtz The report of new claims for the month of April (see attached MCMJIF NEW CLAIM REPORTS ), the report of Closed Files ( MCMJIF CLOSED FILES ), the report on pending subrogation s (see attached MCMJIF CLAIMS SUBROGATIONS ), the report on actual subrogation (see attached MCMJIF CLAIMS RECOVERIES and MCMJIF Pyramid MC QC RECOVERIES ) revealing a total of $13,659, in recoveries. Glen Updated the members on the training program held at the JIF office on Flagger training. Skyline Environmental, Inc. Jim Gotay Jim discussed issues the state is have with the new reporting system with respect to compliance of the OSHA inventory compliance. Mr. Gotay, advised members to reach out to his office if contacted by OSHA with respect to the filing. Finance Report Joseph Monzo, absent, submitted his finance report for review by the commissioners (see attached) with Commissioners, showing a trial balance of $46,236, as of May 31, Claims Litigation Moved by Denise Jawidzik, seconded by Dawn McDonald and approved by an all aye vote from the Executive Committee to go into closed session to discuss claims litigation and potential litigation. Moved by Kevin Boyle, seconded by Denise Jawidzik and approved by an all aye vote from the Executive Committee to return to open session. Moved by Robert Sheehan, seconded by Wayne Hamilton and approved by an all aye vote from the Executive Committee to establish reserves for all claims authorized in closed session. Old Business none New Business Board elected to cancel the July meeting Audience Comments none

5 MIDDLESEX COUNTY MUNICIPAL JOINT INSURANCE FUND REGULAR MEETING June 25, 2014 page 2 Bill List Moved by Wayne Hamilton, seconded by Robert Sheehan, the bill list as amended to include the pension payment was approved by an all aye vote from the Executive Committee. Adjourn Approved unanimously to adjourn the meeting at 1:43pm.

6 MIDDLESEX COUNTY MUNICIPAL JOINT INSURANCE FUND REGULAR MEETING June 25, 2014 page 2 CLOSED SESSION Moved by Robert Sheehan, seconded by Wayne Hamilton and approved by an all aye vote from the Executive Committee to establish reserves for all claims authorized in closed session. Claim No. Reserve , , , , , , , , , , , , , ,255.00

7 Middlesex County Municipal Joint Insurance Fund Loss Analysis June 25, 2014

8 Automobile Physical Damage Member # Claims Paid Reserve 2014 Recov/Subro Incurred Assessment % Bound Brook 5 1,594 11,000-12,594 4, % Carteret ,649 0% Dunellen ,732 0% Dunellen Parking Auth % East Windsor 5 6,814 8, ,043 10, % Freehold 2 3, ,000 6,845 58% Helmetta 3 3,569 2,561 2, ,591 1, % Jamesburg 1 1, , ,402 5% Metuchen ,650-13,552 6, % Metuchen Parking Auth % Middlesex ,313 0% Millstone ,535 0% Milltown 2 2, ,900 4,371 66% Monroe 4 11,847 2,928-14,774 16,742 88% New Brunswick 10 5,610 4,800 4, ,394 23,917 27% New Brunswick Parking Auth 2 2, ,912 2, % Plainsboro 3 14,142-13, ,289 14% Pompton Lakes ,268 10% South Bound Brook ,897 0% South Brunswick 8 27,216 1,489 3, ,838 16, % South Plainfield 3 30,796 2,329-33,125 8, % South River 3 6, ,398 8,165 91% Spotswood 3 21, ,667 4, % Spotswood First Aid % Spring Lake Hts ,804 0% s ,471 48,726 26, , , % 6/18/ of 23

9 Automobile Physical Damage Member # Claims Paid Reserve Recov/Subro Incurred Assessment % 2013 Bound Brook 4 9,631-4, ,757 5,181 92% Carteret 6 7,712 4,150 4, ,636 10,266 74% Dunellen ,166 0% Dunellen Parking Auth % East Windsor 2 8,245 1,130-9,375 12,281 76% Freehold 6 16, , ,668 6,044 61% Helmetta 2 8, ,222 1, % Jamesburg ,823 0% Kearny 13 45, ,252 10, % Metuchen ,140 9% Metuchen Parking Auth % Middlesex 2 7, ,568 6, % Millstone 2 1, ,500 1, % Milltown ,181 17% Monroe 8 10,971-5, ,637 12,185 46% New Brunswick 14 32,836 8,474 22, ,263 18, % New Brunswick Parking Auth 4 18, ,539 2, % Plainsboro 3 2, ,486 5,181 48% Pompton Lakes 4 8,449 1,133-9,582 4, % South Amboy BOE % South Bound Brook ,207 0% South Brunswick 20 87,061-42, ,624 22, % South Plainfield 3 14,374-3, ,186 9, % South River 9 21,314-18, ,627 8,923 29% Spotswood 2 7, ,163 4, % Spotswood First Aid % Spring Lake Hts ,838 0% s ,553 16, , , , % 6/18/ of 23

10 Automobile Physical Damage Member # Claims Paid Reserve Recov/Subro Incurred Assessment % 2012 Bound Brook 5 15,709-11, ,053 6,001 68% Carteret 9 84,414-38, ,243 11, % Dunellen ,667 0% Dunellen Parking Auth % East Windsor 2 18, ,640 14, % Freehold 2 3, ,133 7,036 45% Helmetta ,000 0% Jamesburg ,111 0% Kearny 11 25,342-4, ,596 12, % Metuchen 10 21,747-6, ,657 7, % Metuchen Parking Auth % Millstone ,778 0% Milltown 1 14, ,020 6, % Monroe 9 30,821-2, ,666 14, % New Brunswick 15 27,135-13, ,747 21,335 64% New Brunswick Parking Auth 3 2, ,225 2,445 91% Plainsboro 3 24,666-6, ,319 6, % Pompton Lakes 8 12,139-4, ,082 5, % Sayreville 11 63, ,356 26, % Sayreville Emergency Squad % Sayreville Morgan First Aid % South Amboy BOE ,111 0% South Bound Brook 1 4, ,188 2, % South Brunswick 12 32,190 1, ,985 27, % South Plainfield 5 17, ,626 11, % South River 7 4, ,468 10,334 43% Spotswood 5 5,343-4, ,168 4,889 24% Spotswood First Aid % Spring Lake Hts ,556 0% s ,160-91, , , % 6/18/ of 23

11 Automobile Physical Damage Member # Claims Paid Reserve Recov/Subro Incurred Assessment % Bound Brook ,550-55,047 61,503 79,771 77% Bound Brook Rescue 2 62,657-25,000 37,657 9, % Bradley Beach 34 41,075-14,966 26,109 59,795 44% Bradley Beach First Aid 2 5,281-3,663 1,619 3,656 44% Carteret ,762 4, , , , % Dunellen 23 99,258-28,493 70,765 46, % Dunellen Parking Auth. 2 4,573-1,961 2,612 1, % East Windsor ,625 1,130 47, , ,232 91% Freehold Borough 35 93, ,630 74,945 32, % Helmetta 12 23, ,066 22,108 27,497 80% Highland Park 51 23,449-3,186 20,264 38,564 53% Highland Park First Aid ,765 0% Jamesburg 8 36,032-14,700 21,332 24,067 89% Kearny , , , , % Little Falls 8 44,852-13,237 31,615 18, % Metuchen ,615-46, ,850 82, % Metuchen Parking Auth ,183 0% Middlesex ,996-37, ,839 70, % Millstone 12 19, ,330 14, % Milltown 25 65,524-12,745 52,779 72,697 73% Monroe 36 69,525-12,533 56,992 48, % New Brunswick ,483 8, , , ,207 55% New Brunswick Parking Auth 48 75,321-11,091 64,230 28, % North Brunswick , , , , % North Brunswick BOE 10 5,669-5, ,187 0% Pequannock 13 14,435-10,034 4,400 34,824 13% Plainsboro ,329-35,350 94,979 64, % Pompton Lakes 28 66,156 1,133 7,613 59,675 30, % Sayreville ,117-90, , ,368 94% Sayreville BOE 9 17,665-17, ,389 1% Sayreville Emergency Squad ,293 0% Sayreville Morgan First Aid ,355 0% Sea Bright 15 27,579-25,864 1,714 20,730 8% South Amboy 39 88,170-26,873 61,297 56, % South Amboy BOE 6 13, ,779 8, % South Bound Brook 13 25,592-1,648 23,944 36,804 65% South Brunswick ,185-48, ,249 76, % South Plainfield ,299-64, , , % South River ,683-92,601 97, ,748 87% South River Rescue % Spotswood 58 56,439-22,855 33,584 62,679 54% Spotswood BOE ,642 0% Spotswood First Aid 2 6,758-5,203 1,555 3,420 45% Spring Lake Hts 15 8,102-1,996 6,106 44,761 14% All Years 1,826 4,291,021 16,828 1,359,169 2,948,681 2,706, % 6/18/ of 23

12 Automobile Liability Member # Claims Paid Reserve 2014 Subro/Recov Incurred Assessment % Bound Brook 2-2,500-2,500 7,789 32% Carteret 4 2, ,911 18,227 16% Dunellen ,272 0% Dunellen Parking Auth % East Windsor ,629 1% Freehold 3 3, ,054 12,930 24% Helmetta ,739 0% Jamesburg ,648 0% Metuchen ,996 0% Metuchen Parking Auth 1 2, , % Middlesex ,813 0% Millstone 1 1, ,000 2,899 34% Milltown 4 2, ,198 8,257 27% Monroe ,625 0% New Brunswick 13 7,090 4,125-11,215 45,178 25% New Brunswick Parking Auth ,985 10% Plainsboro ,101 0% Pompton Lakes ,840 0% South Bound Brook ,583 0% South Brunswick ,313 2% South Plainfield 3 1,463 2,520-3,983 16,825 24% South River 7 8, ,104 15,423 53% Spotswood 3 4,847 1,200-6,047 8,776 69% Spotswood First Aid ,246 0% Spring Lake Hts 1 3, ,800 5,297 72% s 56 38,135 10,410-48, ,013 17% 6/18/ of 23

13 Automobile Liability Member # Claims Paid Reserve Subro/Recov Incurred Assessment % 2013 Bound Brook ,786 8% Carteret 4 1,966 12,500-14,466 19,392 75% Dunellen ,981 8% Dunellen Parking Auth % East Windsor 3 2, ,822 23,198 12% Freehold ,418 0% Helmetta ,262 21% Jamesburg ,443 0% Kearny ,972-11,000 19,754 56% Metuchen 8 5, ,188 11,599 45% Metuchen Parking Auth % Middlesex 4 7, ,749 12,924 60% Millstone ,899 0% Milltown ,786 0% Monroe ,016 2% New Brunswick 8 3,029 12,297-15,326 34,796 44% New Brunswick Parking Auth 5 3, ,774 3,987 95% Plainsboro ,786 0% Pompton Lakes ,155 7% South Amboy BOE ,812 0% South Bound Brook ,168 0% South Brunswick ,864 2% South Plainfield 5 7, ,273 18,848 39% South River 5 10, ,499 16,855 62% Spotswood 3 1, ,704 7,974 21% Spotswood First Aid ,087 0% Spring Lake Hts ,249 0% s 70 47,361 36,269-83, ,948 27% 6/18/ of 23

14 Automobile Liability Member # Claims Paid Reserve Subro/Recov Incurred Assessment % 2012 Bound Brook 1-5,300-5,300 9,001 59% Carteret 4 1, ,046 17,835 6% Dunellen ,501 0% Dunellen Parking Auth % East Windsor 5 1, ,151 21,335 5% Freehold ,554 0% Helmetta ,000 0% Jamesburg ,167 0% Kearny 6 3, ,657 18,168 20% Metuchen 7 7, ,103 10,668 67% Metuchen Parking Auth % Millstone ,667 0% Milltown ,001 0% Monroe 11 9, ,112 21,169 43% New Brunswick 11 9, ,550 32,003 30% New Brunswick Parking Auth 4 1, ,000 3,667 27% Plainsboro ,001 0% Pompton Lakes ,501 10% Sayreville 10 5, ,617 39,837 12% Sayreville Emergency Squad ,167 0% Sayreville Morgan First Aid % South Amboy BOE ,667 0% South Bound Brook ,834 0% South Brunswick 2 2, ,066 40,582 5% South Plainfield 6 5, ,565 17,335 32% South River 8 6, ,380 15,501 41% Spotswood 4 2, ,850 7,334 39% Spotswood First Aid ,000 0% Spring Lake Hts 2 3, ,023 5,334 57% s 87 58,552 5, , ,499 20% 6/18/ of 23

15 Automobile Liability Member # Claims Paid Reserve Subro/Recov Incurred Assessment % Bound Brook ,825 5, , , % Bound Brook Rescue 3 41,181 24,400-65,582 14, % Bradley Beach , ,854 82, % Bradley Beach First Aid ,144 0% Carteret ,213 31, , , % Dunellen 11 3, ,216 69,154 5% Dunellen Parking Auth ,601 19% East Windsor ,231-1, , ,484 85% Freehold 11 2, ,592 51,816 5% Helmetta 11 6, ,451 39,652 16% Highland Park 35 28, ,941 49,199 59% Highland Park First Aid ,648 0% Jamesburg 6 1, ,252 34,865 4% Kearny ,277 19, , ,334 48% Little Falls 6 9, ,004 31,953 28% Metuchen 81 69, , ,442 59% Metuchen Parking Auth 3 1, ,000 12,199 8% Middlesex , , , % MCMJIF 1 3, ,290 - Millstone 7 2, ,810 22,793 12% Milltown 25 13, , ,909 13% Monroe 24 20, ,441 80,757 25% New Brunswick ,618 12, , , % New Brunswick Parking Auth 37 21, ,454 41,878 51% North Brunswick , , ,512 31% North Brunswick BOE 31 17, ,500 61,168 29% Pequannock 5 2, ,750 45,140 6% Plainsboro ,135 5, ,409 90, % Pompton Lakes 17 6, ,328 46,348 14% Sayreville ,019 59, , ,197 89% Sayreville BOE 16 6, ,472 33,553 19% Sayreville Emergency Squad 4 56,016 75, ,125 5, % Sayreville Morgan First Aid ,750 0% Sea Bright 10 9, ,035 26,035 35% South Amboy 27 46, ,694 71,094 66% South Amboy BOE 9 26, ,400 11, % South Bound Brook 10 80, ,567 50, % South Brunswick 12 13,181 40,136-53, ,837 43% South Plainfield , , , % South River ,793-1, , , % South River Rescue % Spotswood 39 43,436 77, ,541 86, % Spotswood BOE ,705 5% Spotswood First Aid ,609 0% Spring Lake Hts 23 12, ,028 64,832 19% All Years 1,459 4,394, ,928 4,693 4,741,194 3,834, % 6/18/ of 23

16 General Liability Member # Claims Paid Reserve 2014 Subro/Recov Incurred Assessment % Bound Brook ,492 0% Carteret ,530 0% Carteret Housing & Development ,065 0% Carteret Redev. Agency ,224 0% Dunellen ,255 0% Dunellen Parking Auth ,209 0% East Windsor ,645 0% Freehold ,234 0% Helmetta ,515 0% Jamesburg ,804 0% Metuchen 14 1,407 5,017-6,424 90,062 7% Metuchen Parking Auth ,450-5,500 13,581 40% Middlesex ,238 0% Millstone ,078 2% Milltown ,173-10,250 47,255 22% Monroe ,373 0% New Brunswick ,119 0% New Brunswick Parking Auth 22 3, ,175 52,020 6% Plainsboro ,502 0% Plainsboro Library % Pompton Lakes ,734 0% Pompton Lakes Comm Part. Mgt ,383 0% South Bound Brook ,959 0% South Bound Brook Rescue ,191 0% South Brunswick ,682 0% South Plainfield ,871 0% South River 4-1,000-1,000 82,199 1% Spotswood ,702 0% Spotswood First Aid ,436 0% Spring Lake Hts ,962 0% s 104 5,574 22,431-28,005 2,401,034 1% 6/18/ of 23

17 General Liability Member # Claims Paid Reserve Subro/Recov Incurred Assessment % 2013 Bound Brook ,195 1% Carteret 9 5,830 14,500-20, ,275 9% Carteret Housing & Development ,205 0% Carteret Redev. Agency ,535 0% Dunellen ,195 0% Dunellen Parking Auth ,802 0% East Windsor ,596 0% Freehold ,816 1% Helmetta 3 15, , ,500 10, % Jamesburg 6 12, ,759 33,009 39% Kearny 26 1,816 24,175-25, ,887 7% Metuchen 11 3,548 20,752-24,300 90,033 27% Metuchen Parking Auth ,691 0% Middlesex ,566 0% Millstone ,078 0% Milltown ,000-1,800 47,316 4% Monroe ,000-35, ,226 20% New Brunswick ,610-13, ,032 3% New Brunswick Parking Auth 76 17, ,534 53,531 33% Plainsboro ,926-13, ,503 11% Plainsboro Library ,121 0% Pompton Lakes 6 1, ,357 74,219 2% Pompton Lakes Comm Part. Mgt Corp. 2,363 0% South Amboy BOE ,493 0% South Amboy PTO % South Bound Brook ,874 0% South Bound Brook Rescue ,334 0% South Brunswick 9 1,084 11,585-12, ,545 6% South Plainfield 7 5, , ,579 3% South River 3 1, ,000 82,189 1% Spotswood 9 20,599 71,901-92,500 53, % Spotswood First Aid ,579 0% Spring Lake Hts 2 57, , ,500 37, % s , , ,212 2,758,524 24% 6/18/ of 23

18 General Liability Member # Claims Paid Reserve Subro/Recov Incurred Assessment % 2012 Bound Brook ,288 1% Carteret 10 29,500 9,603-39, ,946 19% Carteret Housing ,143 0% Carteret Redev. Agency ,461 0% Dunellen ,500-13,497 41,931 32% Dunellen Parking Auth ,691 0% East Windsor 11 29,255 2,000-31, ,774 25% Freehold 30 22,109 2,869-24, ,117 24% Helmetta 1-12,500-12,500 10, % Jamesburg 5 35,714 98, ,540 32, % Kearny 32 28,585 62,690-91, ,385 26% Metuchen 20 24, , ,816 87, % Metuchen Parking Auth ,349 0% Middlesex Millstone ,875 0% Milltown ,931 0% Monroe ,000-25, ,157 15% New Brunswick , , , , % New Brunswick Parking Auth 49 11,810 19,263-31,073 51,287 61% Plainsboro 5 54,808 74, , , % Plainsboro Library ,384 0% Pompton Lakes 8 24,385 3,302-27,687 72,407 38% Sayreville 23 20,152 93, , ,519 40% Sayreville Econ Devel ,460 0% Sayreville Emergency Squad ,811 0% Sayreville Morgan First Aid ,684 0% South Amboy BOE ,659 0% South Amboy PTO % South Bound Brook ,912 0% South Bound Brook Rescue ,295 0% South Brunswick 7 2, , ,302 1% South Plainfield 16 21,214 56,355-77, ,996 51% South River 4 10,816 7,556-18,372 81,644 23% Spotswood ,118 0% Spotswood First Aid ,270 0% Spring Lake Hts ,506 1% s ,481 1,628, ,114,365 2,911,428 73% 6/18/ of 23

19 General Liability Member # Claims Paid Reserve Subro/Recov Incurred Assessment % Bound Brook 100 1,744, , ,932, , % Bound Brook Rescue ,786 0% Bradley Beach ,334-6, , , % Bradley Beach First Aid ,629 0% Carteret 208 1,378, ,378 7,000 1,780,481 1,965,271 91% Carteret Housing ,509 0% Carteret Redev. Agency ,268 0% Dunellen ,425 44, , ,907 95% Dunellen Parking Auth ,875 0% East Windsor ,608 2, ,292 1,186,566 34% Freehold ,039 67, , ,933 56% Helmetta 14 33, , , ,798 76% Helmetta BOE ,799 0% Highland Park , , ,445 91% Highland Park First Aid ,257 0% Highland Park Redev Agency ,769 0% Jamesburg , , , , % Kearny 434 3,603, , ,184 3,753,838 3,704, % Little Falls 26 22, , ,454 11% Metuchen 172 1,044,438 1,512,916 1,740 2,555, , % Metuchen Parking Auth ,182 1% Middlesex ,293-5, ,120 1,008,304 31% Millstone , , , , % Milltown ,829 1, , ,150 16% Monroe , , , ,095 87% New Brunswick 629 7,273,821 2,788,946 10,825 10,051,943 6,073, % New Brunswick Parking Auth ,082 21, , ,923 76% North Brunswick 250 2,882, ,882 3,009 3,198,444 2,128, % North Brunswick BOE 56 1,246,064 43, ,289, , % Pequannock 28 33, , ,334 15% Plainsboro 49 1,216,527 87,017-1,303,543 1,239, % Plainsboro Library ,427 0% Pompton Lakes , , , ,010 95% Pompton Lakes Comm Part. Mgt ,327 0% Sayreville 338 1,717, , ,132,557 2,628,784 81% Sayreville BOE 34 1,034, ,034, , % Sayreville Econ Devel ,177 0% Sayreville Emergency Squad ,731 0% Sayreville Morgan First Aid ,563 0% Sea Bright , , ,544 75% South Amboy 61 4,099,855 40, ,000 3,565, , % South Amboy BOE , , , % South Amboy Econ Devel ,656 0% South Amboy PTO ,282 0% South Bound Brook , , , ,999 89% South Bound Brook Rescue ,929 0% South Brunswick 33 25,493 23,812-49, ,102 8% South Plainfield 163 1,037,823 63,935-1,101,758 1,579,115 70% South River ,024 12,659 10, ,683 1,217,037 33% South River Parking Auth ,449 0% 6/18/ of 23

20 General Liability Member # Claims Paid Reserve Subro/Recov Incurred Assessment % (Continued) South River Rescue ,043 0% Spotswood 103 2,066,979 93,238 2,061 2,158, , % Spotswood BOE 11 62,988-1,200 61, ,080 28% Spotswood First Aid ,721 0% Spring Lake Hts , ,181 1, , , % All Years 4,073 36,747,908 7,699, ,844 43,623,293 35,373, % 6/18/ of 23

21 Property Damages Member # Claims Paid Reserve 2014 Recov/Subro Incurred Assessment % Bound Brook ,663 0% Carteret ,284 0% Carteret Housing & Development % Carteret Redev. Agency % Dunellen ,104 0% Dunellen Parking Auth % East Windsor ,127 0% Freehold ,503 0% Helmetta ,766 0% Jamesburg ,811 0% Metuchen ,729 0% Metuchen Parking Auth % Middlesex ,255 0% Millstone ,788 0% Milltown ,897 0% Monroe 2-10,000-10,000 80,849 12% New Brunswick ,167 0% New Brunswick Parking Auth 5 43, , ,054 43% Plainsboro 2 61,193-21,282 39,911 28, % Plainsboro Library ,194 0% Pompton Lakes ,704 0% South Bound Brook ,854 0% South Bound Brook Rescue % South Brunswick ,462 0% South Plainfield 1 4,700 9,800-14,500 20,173 72% South River ,723 0% Spotswood ,787 0% Spring Lake Hts ,800 0% s ,338 19,800 22, , ,187 17% 6/18/ of 23

22 Property Damages Member # Claims Paid Reserve Recov/Subro Incurred Assessment % 2013 Bound Brook ,265 0% Carteret ,319 0% Carteret Housing & Development % Carteret Redev. Agency % Dunellen ,189 0% Dunellen Parking Auth % East Windsor ,770 0% Freehold ,254 0% Helmetta ,698 0% Jamesburg ,284 0% Kearny 5 24,630-20,519 4,111 24,528 17% Metuchen ,225 0% Metuchen Parking Auth % Middlesex ,419 0% Millstone ,788 0% Milltown ,759 0% Monroe 3 49,276 1,651 47,625 60,953 78% New Brunswick ,234 0% New Brunswick Parking Auth 2 4,795-4,795-85,573 0% Plainsboro 1 7, ,976 17,502 46% Plainsboro Library ,027 0% Pompton Lakes 3 24,337-24,337-5,098 0% South Amboy BOE ,934 0% South Bound Brook ,245 0% South Bound Brook Rescue % South Brunswick 3 2, ,454 63,412 4% South Plainfield ,249 0% South River 10 32, ,086 4,075 21,282 19% Spotswood ,566 0% Spring Lake Hts ,920 0% s , ,277 66, ,685 15% 6/18/ of 23

23 Property Damages Member # Claims Paid Reserve Recov/Subro Incurred Assessment % 2012 Bound Brook 2 15, ,395 3, % Carteret 2 749, , ,522 12, % Carteret Redev. Agency % Dunellen 1 62, ,911 2, % Dunellen Parking Auth % East Windsor 2 18, ,535 8, % Freehold 4 12, ,963 12, % Helmetta ,524 0% Jamesburg 3 6, ,501 2, % Kearny 1 468, , ,979 22, % Metuchen ,771 0% Metuchen Parking Auth % Millstone 3 41, ,141 3, % Milltown ,966 0% Monroe 3 95,059-5,495 89,564 54, % New Brunswick 3 12, ,628 26,246 48% New Brunswick Parking Auth 1 18, ,120 74,363 24% Plainsboro 2 18,040-5,480 12,560 15,713 80% Plainsboro Library 1 146,362-97,362 49,000 1, % Pompton Lakes 3 2, ,570 4,577 56% Sayreville 5 388, , ,491 31, % Sayreville Econ Devel % Sayreville Emergency Squad % Sayreville Morgan First Aid % South Amboy BOE 1 30, ,131 23, % South Bound Brook ,117 0% South Bound Brook Rescue % South Brunswick 2 2, ,985 56,690 5% South Plainfield 2 19,000-19,000-5,610 0% South River , , ,316 19, % Spotswood 5 7,154-2,380 4,773 6,793 70% Spring Lake Hts 1 9,115-8,000 1,115 4,405 25% s 66 2,733,131-1,703,335 1,029, , % 6/18/ of 23

24 Property Damages Member # Claims Paid Reserve Recov/Subro Incurred Assessment % Bound Brook 25 80,198-5,085 75,114 46, % Bound Brook Rescue 1 4, ,416 3, % Bradley Beach ,656-27,144 87,512 62, % Bradley Beach First Aid ,536 0% Carteret , , , , % Carteret Redev. Agency % Dunellen ,790-3, ,594 27, % Dunellen Parking Auth ,288 0% East Windsor ,971-8, ,576 90, % Freehold 6 14, ,106 45,900 31% Helmetta 8 142,370-80,600 61,770 18, % Helmetta BOE % Highland Park 9 112,004-58,510 53,494 34, % Highland Park First Aid ,203 0% Jamesburg , ,979 73,364 36, % Kearny , , , , % Little Falls 6 24,925-8,585 16,340 24,021 68% Metuchen ,560-22, , ,521 91% Metuchen Parking Auth ,070 0% Middlesex 17 90,422-4,390 86,032 46, % Millstone 17 84, ,276 27, % Milltown , , ,145 63, % Monroe , , , , % New Brunswick 19 38,444-20,000 18, ,509 5% New Brunswick Parking Auth 16 86,722-19,255 67, ,385 16% North Brunswick 27 74,643-1,089 73, ,612 29% North Brunswick BOE 4 27,566-2,244 25, ,203 5% Pequannock 9 40,693-21,416 19,277 29,858 65% Plainsboro ,281-37,399 85, ,228 59% Plainsboro Library 1 146,362-97,362 49,000 7, % Pompton Lakes ,838-91,531 61,307 24, % Sayreville 60 1,041, , , , % Sayreville BOE 4 92,886-61,328 31, ,284 9% Sayreville Econ Devel % Sayreville Emergency Squad % Sayreville Morgan First Aid % Sea Bright 8 14,286-2,800 11,486 28,368 40% South Amboy 20 41,337-15,426 25,911 42,932 60% South Amboy BOE 1 30, , ,888 16% South Bound Brook 10 92,884-30,054 62,830 16, % South Bound Brook Rescue ,771 0% South Brunswick 5 5, , ,772 3% South Plainfield ,434-49, ,111 84, % South River 112 1,188, , , , % South River Parking Auth % South River Rescue ,209 0% Spotswood , , ,788 64, % Spotswood BOE 6 61, , ,974 57% Spring Lake Hts 12 42,052-21,764 20,287 50,197 40% All Years 740 8,936, ,126,166 3,811,037 4,501,695 85% 6/18/ of 23

25 Workers' Compensation Member # Claims Paid Reserve 2014 Subro/Recov Incurred Assessment % Bound Brook 5 4,013 14,845-18, ,997 13% Carteret 9 42,596 9,215-51, ,189 27% Dunellen ,871-5,108 79,444 6% Dunellen Parking Auth ,477 0% East Windsor 4 3,109 3,491-6, ,652 5% Freehold 4 7,698 7,794-15, ,127 9% Helmetta 2 1,625 2,406-4,031 33,184 12% Jamesburg ,954 0% Metuchen 6 4,715 10,875-15,591 97,812 16% Metuchen Parking Auth ,146 0% Middlesex 4 2,263 12,737-15, ,464 14% Millstone 2 20, , ,751 54, % Milltown ,671 0% Monroe 14 23,653 19,522-43, ,142 13% New Brunswick 24 80,562 60, , ,845 21% New Brunswick Parking Auth 4 8,506 1,403-9,908 40,440 25% Plainsboro 3 19,380 1,120-20, ,466 20% Plainsboro Library ,588 0% Pompton Lakes 8 4,548 10,602-15, ,646 8% South Bound Brook ,500 52,383 3% South Brunswick 17 6,136 7,007-13, ,474 6% South Plainfield 2 2,805 2,195-5, ,132 2% South River 6 12,432 8,392-20, ,262 9% Spotswood 8 33,858 51,047-84,905 62, % Spring Lake Hts ,327-2,500 54,802 5% s , , ,535 3,362,904 19% 6/18/ of 23

26 Workers' Compensation Member # Claims Paid Reserve 2013 Subro/Recov Incurred Assessment % Bound Brook 6 102, , , , % Carteret , , , , % Dunellen 5 17,282 2,344-19,626 83,359 24% Dunellen Parking Auth ,539 0% East Windsor 14 48,112 56, , ,426 85% Freehold 13 63,787 30,521-94, ,258 55% Helmetta 6 40,185 12,994-53,179 34, % Jamesburg 2 2, ,666 69,010 4% Kearny ,221 90, , ,749 63% Metuchen 8 57,599 69, , , % Metuchen Parking Auth ,551 0% Middlesex 17 19,520 12,719-32, ,943 29% Millstone 3 31, ,317 54,476 57% Milltown 8 11,380 4,519-15, ,543 11% Monroe 10 31,592 13,175-44, ,733 13% New Brunswick , ,262 6, , ,676 45% New Brunswick Parking Auth 10 15, ,435 45,700 34% Plainsboro ,544 75, ,368 97, % Plainsboro Library ,465 0% Pompton Lakes 18 49,149 37,125-86, ,078 44% South Amboy BOE 13 54,265 21,787-76,052 82,354 92% South Bound Brook 4 2, ,500 54,308 5% South Brunswick ,453 26, , ,932 82% South Plainfield , , , , % South River 16 27,150 6,001-33, ,813 13% Spotswood 2 95,730 6, ,661 70, % Spring Lake Hts 7 26,267 3,652-29,919 55,959 53% s 359 1,811,112 1,073,169 6,670 2,877,610 4,030,855 71% 6/18/ of 23

27 Workers' Compensation Member # Claims Paid Reserve 2012 Subro/Recov Incurred Assessment % Bound Brook 7 38,127 1,507-39, ,469 25% Carteret ,797 49, , , % Dunellen 3 13,071 3,311-16,382 86,803 19% Dunellen Parking Auth ,685 0% East Windsor ,533 20, , , % Freehold 14 54,935 22,169-77, ,024 43% Helmetta 4 27,914 11,297-39,211 36, % Jamesburg 2 3, ,796 71,861 5% Kearny , , , , % Metuchen 9 23,067 2,070-25, ,322 24% Metuchen Parking Auth ,946 0% Millstone 1 1,318 2,337-3,655 56,726 6% Milltown 9 45,031 29,855-74, ,638 49% Monroe , , , , % New Brunswick ,930 44,552 1, , ,825 36% New Brunswick Parking Auth 6 26, ,160 47,588 55% Plainsboro 9 35,746 4,745-40, ,613 40% Plainsboro Library ,540 0% Pompton Lakes 14 94,526 4,015-98, ,136 49% Sayreville ,416 70, , ,283 42% South Amboy BOE 6 4,910 5,375-10,285 85,756 12% South Bound Brook 6 8, ,855 56,551 16% South Brunswick , , , , % South Plainfield 25 58,220 17,193-75, ,525 30% South River 13 42,846 5,357-48, ,380 18% Spotswood 4 6,796 9,258-16,054 73,065 22% Spring Lake Hts 6 10, ,865 49,897 22% s 363 2,053, ,775 1,578 3,000,279 4,512,129 66% 6/18/ of 23

28 Workers' Compensation Member # Claims Paid Reserve Subro/Recov Incurred Assessment % Bound Brook , ,604 54,701 1,023,898 1,271,746 81% Bradley Beach 107 1,067, ,016 16,689 1,156,212 1,566,935 74% Carteret 270 2,478, ,936 62,711 2,924,526 1,592, % Dunellen ,222 3,311 17, , ,754 23% Dunellen Parking Auth ,183 0% East Windsor 223 2,005, ,427 2,063 2,376,254 1,441, % Freehold , ,266 23, , ,167 94% Helmetta ,801 96, , , % Helmetta BOE ,955 0% Highland Park ,205-73, , , % Jamesburg ,827-20, , ,497 66% Kearny 610 3,312, , ,482 3,705,637 4,305,956 86% Little Falls , ,892 3, , , % Metuchen 188 1,166,676 76,856 48,737 1,194, , % Metuchen Parking Auth 3 3, ,445 61,861 6% Middlesex ,843-87, , ,904 82% Millstone , , , , % Milltown ,366 85,505 7, ,076 1,335,481 70% Monroe , ,865-1,011, , % New Brunswick 731 4,649,159 1,014, ,495 5,505,217 6,377,494 86% New Brunswick Parking Auth 56 88,847-1,333 87, ,108 27% North Brunswick 494 3,470,503 90, ,868 3,359,004 2,494, % North Brunswick BOE 392 2,250, ,601 19,886 2,437,392 2,026, % Pequannock , , , , % Plainsboro 206 1,507, ,539 93,387 1,620, , % Plainsboro Library ,794 0% Pompton Lakes ,937 78, , ,589 46% Sayreville 490 3,584, , ,336 3,921,335 3,872, % Sayreville BOE 216 1,777,304 50,130-1,827,434 1,241, % Sea Bright ,904-30, , ,258 47% South Amboy 129 2,452, , ,099 2,410,754 1,629, % South Amboy BOE , ,380 50, , , % South Bound Brook , , , , % South Brunswick , ,408 9, , , % South Plainfield 236 1,169, ,576 21,818 1,349,838 2,064,001 65% South River 301 2,120, ,489 75,827 2,517,686 2,119, % South River Parking Auth ,517 0% Spotswood , ,248 34,821 1,191, , % Spotswood BOE ,760 57, , ,435 89% Spring Lake Hts 91 1,267, , ,106 1,297, , % All Years 6,215 44,620,584 7,019,712 1,627,173 50,013,122 45,062, % 6/18/ of 23

29 All Lines / All Years Member # Claims Paid Reserve Recov/Subro Incurred Assessment % Bound Brook 327 2,975, ,160 59,869 3,248,134 2,400, % Bound Brook Rescue 6 45,598 24,400-69,998 84,485 83% Bradley Beach 263 2,143, ,016 50,356 2,198,489 2,294,724 96% Bradley Beach First Aid 2 5,281-3,663 1,619 18,964 9% Carteret 665 5,849, , ,788 6,115,145 4,055, % Carteret Redev. Agency ,281 0% Dunellen ,121 47,371 45, ,520 1,365,003 52% Dunellen Parking Auth. 6 5,073-1,961 3,112 64,610 5% East Windsor 517 2,951, ,617 60,235 3,266,707 3,091, % Freehold , ,813 43, ,864 1,177,689 77% Helmetta , ,127 82, , , % Helmetta BOE ,756 0% Highland Park 281 1,404, ,874 1,269,279 1,214, % Highland Park First Aid ,873 0% Highland Park Redev. Agency ,769 0% Jamesburg 137 1,340, , ,231 1,202,368 1,071, % Kearny 1,363 7,997, , ,044 8,052,845 8,660,270 93% Little Falls , ,892 25,489 1,001, , % Metuchen 543 2,672,196 1,589, ,926 4,142,042 2,227, % Metuchen Parking Auth 18 5, , ,495 2% Middlesex 347 1,448, ,962 1,314,221 1,965,404 67% MCMJIF 1 3, ,290 - Millstone , ,994-1,038, , % Milltown 273 1,683,976 86, ,092 1,264,388 2,275,922 56% Monroe 250 2,163, , ,210 1,792,489 1,727, % New Brunswick 1,814 13,248,525 3,824, ,368 16,670,427 13,500, % New Brunswick Parking Auth ,426 21,703 32, ,713 1,407,385 49% North Brunswick 1,067 6,942, , ,014 7,038,323 5,338, % North Brunswick BOE 493 3,547, ,685 27,696 3,769,465 3,088, % Pequannock , ,720 31, , , % Plainsboro 355 3,271, , ,136 3,404,191 2,342, % Plainsboro Library 1 146,362-97,362 49,000 46, % Pompton Lakes , ,292 99, ,959 1,435,242 66% Pompton Lakes Comm Part. Mgt ,327 0% Sayreville 1,155 7,008, , ,423 7,144,450 7,454,249 96% Sayreville BOE 279 2,928,629 50,130 78,671 2,900,088 2,155, % Sayreville Econ Devel ,177 0% Sayreville Emergency Squad 5 56,016 75, ,125 47, % Sayreville Morgan First Aid ,747 2% Sea Bright ,656-59, , ,934 54% South Amboy 276 6,728, , ,398 6,109,833 2,674, % South Amboy BOE 160 1,244, ,380 50,211 1,498,758 1,066, % South Amboy Econ Devel ,656 0% South Amboy PTO ,282 0% South Bound Brook , ,751 31,960 1,011, , % South Bound Brook Rescue ,701 0% South Brunswick , ,356 58, ,356 1,508,562 62% South Plainfield 566 2,881, , ,116 3,011,624 4,056,604 74% South River 644 3,877, , ,021 3,381,332 3,785,230 89% South River Parking Auth ,970 0% South River Rescue ,815 0% Spotswood 346 4,145, , ,345 3,939,426 1,353, % Spotswood BOE ,998 57,631 2, , ,837 68% Spotswood First Aid 3 6,758-5,203 1,555 44,750 3% Spring Lake Hts 174 1,767, , ,941 2,044, , % s 14,392 98,472,775 15,086,997 8,750, ,809,536 91,467, % 6/18/ of 23

30 MIDDLESEX COUNTY MUNICIPAL JOINT INSURANCE FUND TREASURERS FINANCE REPORT FOR THE MONTHS ENDED May 31, 2014 Submitted by: Joseph P Monzo June 25, 2014

31

32 Report Printed :04:30 Middlesex County Joint Insurance Fund Trial Balance General Fund Activity to 5/31/2014 Account Number Description Debit Credit ================ ========================================= ================ ================ Cash- Amboy Bank Admin Acct 805, Cash- TD Bank Claims Account 84, Cash- TD Bank Qualcare Account 22, Investments 17,612, Assessments Receiveable 5,757, Run Off Claim Receivable 3, Claim Receivable 43, Due from Former Members 30, Qual Care Receivable 3, Accrued Interest Receivable 52, Other Receiveables 1,405, Supplemental Receivables- Residual Claim 1,407, Prepaid Insurance 8, Other Rec 2012 Recoverable 1,622, Other Rec 2011 Recoverable 2,253, Other Rec 2005 Recoverable 2,376, Supplemental Rec 01/02 2,874, Revenu Budget Control 339, Expenditure Budget Control 6,917, Accounts Payable 246, Run Off Claims Payable 2, Net Prepaid Assessments 8, Unemployment Reserve 1, Payroll Withholdings 32, IBNR- All Years 18,074, Case Reserves- All Years 16,104, Reserve for Unclaimed Checks 19, Reserve for Unallocated Receipts 34, Reserve for Assessments 11,372, Fund Balance 328, Results of Operations 2,625, ================ ================ 46,236, ,236, Page 1/1

33 Report Printed :05:08 Middlesex County Joint Insurance Fund Click here to save CSV (Excel) Version * ACTIVITY = Budget - (Balance + Encumbered). To show activity by originating journal, select "Include Source Journal Columns" from the report options. Budget Trial Balance General Fund (Expenditures) as of 5/31/2014 Page 1/2 Account Description APPROPRIATION ADJ BUDGET ACTIVITY ENCUMBERED BALANCE SALARIES AND BENEFITS Salaries 890, , ,136, (246,372.27) Benefits , (45,783.00) FICA , (18,847.42) Pension (PERS) , (55,983.00) 890, , ,256, (366,985.69) ADMINASTRATIVE EXPENSES Operating 615, , , (241,623.20) Safety and Education 50, , , (62,464.00) TPA Managed Care 350, , , (121,750.00) Legal 25, , , (40,791.87) Actuarial 30, , , (15,000.00) Audit 35, , , State Audit and Appraisails , (9,850.00) EAP 75, , , (31,288.02) Right to Know 75, , , (4,931.95) Contingency 40, , , Pension Miscellaneous 30, , , (1,666.00) 1,325, ,325, ,854, (529,365.04) Prior Year Deficits Deficit Deficit 873, , , , , , Prior Year Surpluses Year Year Year Year Mastercare Liquidation Claims Workers Comp (394.54) (394.54) Claims Workers Compensation Claims Workers Compensation Claims Workers Compensation Claims Liability Workers Compensation (521.40) (521.40) Claims Workers Compensation , (9,487.24) , (9,487.24) Claims Workers Compensation Claims Liability Claims Automobile Property Workers Compensation (230.00) (230.00) Claims Automobile Liability Property Workers Compensation , (3,516.72) , (3,516.72) Claims Automobile Liability Property Workers Compensation , (135,033.60) , (135,033.60) Claims Automobile Liability Property Workers Compensation , (64,176.50) , (64,176.50) Claims Automobile Liability Property Workers Compensation , (20,212.79) , (20,212.79) Claims Automobile (135.00) Liability , (35,618.22) Property Workers Compensation , (28,574.93) , (64,328.15)

34 Report Printed :05:08 Middlesex County Joint Insurance Fund Click here to save CSV (Excel) Version * ACTIVITY = Budget - (Balance + Encumbered). To show activity by originating journal, select "Include Source Journal Columns" from the report options. Budget Trial Balance General Fund (Expenditures) as of 5/31/2014 Page 2/2 Account Description APPROPRIATION ADJ BUDGET ACTIVITY ENCUMBERED BALANCE Claims Automobile Liability , (48,723.65) Property Workers Compensation , (5,527.00) , (54,250.65) Claims Automobile Liability (982.00) Property Workers Compensation , (15,610.50) , (16,592.50) Claims Automobile Liability Property Workers Compensation , (66,100.25) , (66,100.25) Claims Automobile , (16,024.83) Liability , (89,859.64) Property Workers Compensation , (233,641.29) , (339,525.76) Claims Automobile , (19,801.60) Liability , (88,684.88) Property Workers Compensation , (56,680.30) , (165,166.78) Claims Automobile , (120,280.67) Liability , (426,856.49) Property Workers Compensation , (111,266.47) , (658,403.63) Claims Automobile , (23,290.80) Liability , (513,118.85) Property , (28,470.00) Workers Compensation , (80,387.70) , (645,267.35) Claims Automobile (66.00) Liability , (203,447.36) Property , (1,919.60) Workers Compensation , (202,258.20) , (407,691.16) Claims ,556, ,556, ,556, Automobile , (41,601.17) Liability , (105,035.20) Property , (24,084.95) Workers Compensation , (592,804.97) 7,556, ,556, ,320, (763,526.29) Claims Automobile , (157,737.72) Liability , (3,705.16) Property , (91,798.15) Workers Comp , (187,824.11) , (441,065.14) Premiums 2,010, ,010, ,010, Property , (688,769.30) Liability , (817,817.87) Automobile Workers Compensation , (502,242.00) Sports Accident 215, , , (23,116.70) 2,225, ,225, ,257, (2,031,945.87) Broker/ Risk Manager Broker/ Risk Manager 369, , , (133,446.30) 369, , , (133,446.30) * Budgetary totals: 13,240, ,240, ,158, (6,917,233.35) =============== ============= =============== =============== =============== ===============