[Adopted 2-26-1980 by L.L. No. 6-1980 (Ch. 105, Art. I, of
the 1985 Code)]
[Amended 4-9-2019 by L.L.
No. 18-2019]
A. The County hereby establishes a reserve fund known as the "Insurance
Reserve Fund," which shall consist of such moneys as are included
in the adopted budget.
B. The amount paid into such fund during any fiscal year shall not exceed
the greater of $33,000 or 5% of the total budget for such fiscal year.
The County Legislature may, by resolution, designate a County
independent claims management agent. The County Executive is authorized
to enter into a contract with such claims management agent relating
to the settlement of liability and casualty claims against the County.
Subject to and in accordance with the provisions of § 6-n
of the General Municipal Law of the State of New York, the Insurance
Manager of Suffolk County is hereby authorized to make settlement
of such claims on the following basis:
A. Payment of a sum not to exceed $10,000 in settlement of such a claim
with the advice of the County's agent and the approval of the
County's Insurance Manager or his designee.
B. Payment of a sum not to exceed $25,000 in settlement of such claim
with the advice of the County's agent and the approval of both
the County's Insurance Manager or his designee and the County
Attorney or his designee.
C. Payment of a sum in excess of $25,000 in settlement of such claim
with the approval of the County Attorney or his designee and the Insurance
Committee of the Suffolk County Legislature.
[Amended 4-9-2019 by L.L.
No. 18-2019]
Nothing herein contained shall prohibit the payment of any judgment
against the County by the general funds of the County without resort
to the Insurance Reserve Fund.
[Adopted 6-20-1989 by L.L. No. 20-1989 (Ch. 105, Art. II,
of the 1985 Code)]