Page 6 - Pool_binder_12_5_2017
P. 6
Timeline of the League Association of Risk Management
____________________________________________________
1980’s - Public entities faced an insurance crisis. Rates were sky-rocketing
and some municipalities were being cancelled completely. Based on a study
initiated by the League of Nebraska Municipalities (League), it was
determined that there were limited insurance carriers and products available
to municipalities in the State of Nebraska, which limited the municipalities’ ability to control
insurance costs, coverage and services. Based on the results of the study and the interest of
members, the League created the League Association of Risk Management (LARM).
1989 - LARM began operations in late 1989 by offering an endorsed insurance program for
municipalities that included risk management services.
1995 - With 13 participating municipalities, LARM received its pooling certificate from the
State of Nebraska as an intergovernmental Risk Management Pool and began operating the
Property and Liability Group Self-insurance Pool.
The first Board of Directors in 1995 is pictured above from left to right: Lynn Rex, League Director; Mike
Nolan, who at the time was City Administrator for the City of Norfolk; Lowell Daisley, former Council
member of Cedar Creek; Don Eikmeier, former City Administrator of LaVista; Jon Morrison, former City
Administrator of Papillion; Jim Van Murter, former Mayor of Holdrege; Pauline Wagner, former Treasurer of
Glenvil; and Doug Leafgreen, former Council member of Gering.
1997 - The Workers’ Compensation division was introduced.