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The Kentucky Association of Counties Unemployment Compensation Self-Insurance Fund held a Board of Directors meeting at 9 a.m. on Wednesday, May 28, 2025. This meeting was held at 400 Englewood Drive in Frankfort, Ky. and via video teleconference, pursuant to proper notice given in accordance with KRS 61.826 and KRS 65.312(3).
The roll was called. The following Directors were present: Chairman David Fields, Pendleton County Judge/Executive; Vice-Chair John Ward, Hardin County Sheriff (via video teleconference); Jacqalynn Riley, Grant County Magistrate; Elbert Bennett, Caldwell County Magistrate; Mike Welsh, Metcalfe County PVA; Randy Dial, Casey County Judge/Executive; and David Livingston, Scott County Magistrate.
Others participating included: Jim Henderson, Executive Director; Temple Juett, Chief Insurance Officer; Jeremy Baird, Director of Insurance; Marie Skinner, Accounting Manager; Tim Sturgill, General Counsel; Lindsey Bowman, Customer Service Representative; Rich Ornstein, Staff Attorney; Jennifer Burnett, Director of Strategic Operations; Sonya Chesser, Executive Assistant to CEO/Director of Administrative Services.
Chairman Fields called the meeting to order at 9 a.m.
Motion made by Elbert Bennett, seconded by Mike Welsh, to approve the minutes of the April 23, 2025, meeting as presented. Motion carried.
Mr. Henderson introduced KACo's new Director of Insurance, Jeremy Baird, to the board. Mr. Baird provided biographical information including his professional experience.
Ms. Skinner presented and discussed the following financial reports: balance sheet as of April 30, 2025; statement of activities for period July 2024 through April 2025; and FY 2024/25 PAF budget for the period July 1, 2024 through April 30, 2025.
Ms. Skinner presented and discussed a summary of the Fund's investments and security transactions for the month of April 2025. The Board received a full listing of the Fund's investments electronically.
Motion made by David Livingston, seconded by Randy Dial, to acknowledge receipt of the investment report and to ratify the investment transactions as presented. Motion carried.
Ms. Bowman presented the first quarter claim charges paid from January 1, 2025, to March 30, 2025, for calendar year 2025.
Ms. Bowman presented a list of potential benefit claims for April 2025 and a report on the unemployment rates by county for April 2025.
Mr. Henderson provided a KACo update, and Mr. Juett discussed matters related to the insurance programs.
KACo has begun a series of listening tours, during which key staff travel to 15 regional sites across the state to hear about the issues most important to county officials. Ms. Hampton mentioned that three listening sessions have been held so far.
The next meeting is June 25, at 9 a.m.
Motion made by Randy Dial, seconded by Jacqalynn Riley, to adjourn the meeting at 9:40 a.m. Motion carried.
