CAMDEN — Darlene Kimball, with VFIS of Ohio, discussed the village’s insurance policy during Camden Council’s meeting on Thursday, Aug. 7
Kimball said the village’s premium will be higher than their expiring premium because of loses suffered by the village during the past three years. Their expiring premium was $29,677 and the renewal premium is $35,936.
Kimball said during the past five years, VFIS has paid out $150,000 in claims for the village, which is $4,000 less than they have collected.
Some of the losses include an intersection light that was damaged, cleanup for salt and three serious lightning damage claims.
“So, from an insurance standpoint, that’s not really good,” Kimball said.
Kimball said the village’s loss ratio will have to get better and they will have to have a few good years of better loses. Kimball suggested installing some lightning resisters to help their loss ratio.
Council member Melissa Shull said she thought when Kimball had visited a few years ago, Kimball said if the village experienced some losses, its policy wouldn’t go up.
Kimball, said although that was true, the village cannot keep their policy the same when having consistently bad years. She said the village has had three consecutively bad years. If those loses had been spread between 6-10 years, the situation might have been different.
Kimball said in most insurance markets, the village would not be renewed and said it took some “song and dance” from her this year.
The council approved the proposal from VFIS to insure the village.
County Commissioner Denise Robertson attended the meeting to tell the council that they have been approved for a grant for a North and South Second Street renovation. Camden will also receive an additional $14,000 from the County.
Barbara Lakes came to the council to express her concerns about Ohio 725 near the Valero Gas Station. She said she has almost been hit there twice and wanted to bring attention to the council. The council said they would try to look into the matter to see if they was anything they could do to help the situation. Lakes said she was within inches of being in a wreck.
Toni Keesler wants the crosswalk and stop bars by the library to be painted.
Camden will be updating the Ohio Basic Code Book with its ordinances for the last 12 years, which have not been included during these 12 years. The price is of this update is estimated to be $1,000-$1500.
Camden Chief of Police Tim Mikesell has told the council that he would like Officer Brown to be moved to part-time status until the beginning of 2015 and that officers Brown, Powers and Arcuragi receive a pay raise from $9 per hour to $10.50 per hour.
Camden’s next regular meeting will be at 7 p.m. on Aug. 21 at the Camden Village Hall.