Message from the President/CEO
In the wake of the recent devastating flooding in Northeast Tennessee caused by Hurricane Helene, all of us at Public Entity Partners stand with our families, friends and communities in Carter, Cocke, Greene, Hamblen, Hawkins, Johnson, Unicoi and Washington counties. As we witness the damage and destruction left behind, we know that this is more than just a storm — it is a life-altering event for so many of you.
Read more...Message from the President and CEO
With July Renewals fast approaching, it’s important to understand the current insurance market and how it affects your entity.
Read more...Message From the President - Rate Changes
At the end of February, our Board of Directors met to consider rates, coverages and dividends for the upcoming fiscal year. As part of this important evaluation, Public Entity Partners engages independent actuaries to conduct a detailed rate review and capital adequacy study. We conduct a rate study every other year and a capital adequacy study every three to five years. These reviews ensure that our rates are adequate to cover claims and that our pool can withstand a catastrophic loss, allowing us to be there for our members for years to come.
Read more...Message from the President and CEO
As you know, our Board of Directors represents our member partners and provides insight into the governance of Public Entity Partners’ operations and steers the direction of our organization. A few years ago, following an extensive planning process with our leadership team, the Board approved a 2021-2023 Strategic Plan that included revised vision and mission statements, core values and organizational values. These components are important as they guide and define the programs we seek to provide to our members in the years to come.
Read more...Message From the President/CEO
As we enter the holiday season and prepare for 2023, I wanted to provide an update on Public Entity Partners’ efforts over the past year.
Read more...Public Entity Partners Board of Directors Approves Changes to Bylaws
Our Board of Directors recently made several changes to the Public Entity Partners Bylaws focused on separation of governance, transparency, and stewardship. To learn more about these changes, visit our website. Michael Fann, President/CEO, shared, “Our team is committed to serving Tennessee local governments and the taxpayers they serve. We believe these bylaw changes will increase our transparency and responsiveness to members. Stewardship is one of our core values. Our members depend on us to provide the coverages they need and the risk management tools to assist them, and to be there to pay claims, and we take the trust they place in us very seriously."
Read more...Message From the President - March 2020
Last week, the Public Entity Partners Board of Directors met to deliberate on rate changes for FY 2022, as well as consideration of a dividend declaration. We are happy to share with you that our Board of Directors declared a $7,500,000 dividend to be returned to eligible members on renewal invoices.
Read more...Message From the President - February 2021
I had the privilege of co-presenting a session at the January training meeting of the Tennessee Association of Chiefs of Police (TACP), along with Chief Steve Isbell of the Dyersburg Police Department. The session was titled “Decision-Making: A Risk Management Case Study.” Law enforcement education, awareness of reasonable actions, sound decision-making, de-escalation and officer wellness are initiatives that Public Entity Partners strongly supports.
Read more...Message From the President - January 2021
In July of 2020, Public Entity Partners’ leadership team, in conjunction with our Board of Directors, began a strategic planning process. In December, the Board of Directors approved and adopted revised vision and mission statements and organizational values. These components of the strategic plan represent the cultural core of our organization, and will guide and define the programs and services Public Entity Partners seeks to provide to members in the coming years.
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