Renewal and Ongoing Coverage with SDML Workers' Compensation Fund
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Description
Kingsbury County continues its insurance coverage for workers' compensation through SDML Workers' Compensation Fund, paying a 2026 net contribution of $38,444 after credits and discounts. Historical loss ratio and contribution trends are outlined, with safety awards and grant programs noted as not applicable for this cycle.
Contract Details
Contract Amount
$54,117 (2026); prior year amounts stated; additional/discounts credited; 3 yr avg loss ratio: 125.48%
Vendor
SDML WORKERS' COMPENSATION FUND
Agency
Town of Esmond, SD
Contract Type
INSURANCE
Document Date
May 15, 2026
Contract Term
2026; historical data: 2020-2026
Renewal Date
2027-01-01
Renewal Info
Annual renewal history evident; 2026 is the current cycle. No explicit auto-renewal; long-term continuation implied by historical trend.
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Kingsbury County Board of County Commissioners Minutes 2026-05-05
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