An Insurance Fund is hereby established pursuant
to N.J.S.A. 40A:10-6 which shall be responsible for insuring and covering
any and all risks permissible pursuant to said statute.
Those Commissioners appointed by the County
Executive shall hold office for a term of two years from the date
of this chapter or the remainder of their terms of office as officials
of the County, whichever is less, or as is permitted pursuant to N.J.S.A.
40A:10-8.
In the event that no Commissioner of the Insurance
Fund is a member of the Board of County Commissioners of the County
of Essex, the President of the Board of County Commissioners shall
appoint one liaison to the Insurance Fund Commission from among the
members of the Board of County Commissioners of Essex County. In the
event that one or more Commissioners is a member of the Board of County
Commissioners of Essex County, no such liaison shall be appointed.
The Insurance Fund Commission shall have all
of the authority established pursuant to N.J.S.A. 40A:10-10 and shall
be empowered to operate the Workers' Compensation Fund.
The Insurance Fund Commission shall prepare
and adopt the following documents:
B. The Commission's plan of risk management.
C. The Commission's cash management plan.
The County Executive shall appoint a person
to serve as Secretary to the Insurance Fund Commission pursuant to
and in accordance with N.J.S.A. 40A:10-8.
The Commission shall have all of the powers
and authority as is more particularly provided for in N.J.S.A. 40A:10-1
et seq.
Ordinance No. O-1988-00001 is superseded by
this chapter, and the securing of risks from County construction equipment
shall be provided by the Insurance Fund established hereby.
[Added 12-23-2008 by Ord.
No. O-2008-00021]
Uninsured motorist coverage in amounts not exceeding the mandatory
minimum limits established by statute effective as of the adoption
of this section.