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Form a Business

Claim costs.

Jacksonville Ordinance Code § 128.306
in effect
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Sec. 128.306. - Claim costs. (a) Claim Costs shall be estimated based upon the sum of the following factors: (1) Projected Paid Loss of the Participant for the upcoming fiscal year; (2) Projected change in Case Reserves of the Participant for the upcoming fiscal year; (3) Each Participant's share of the projected unallocated loss adjustment expense (ULAE) reserve for future administrative costs of the Self-Insurance Program; and (4) Projected Incurred But Not Reported (IBNR) Claims Expense for the Participant for the upcoming year. (Ord. 2018-380-E, § 2)
Source: City of Jacksonville, Ordinance Code and Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/fl/jacksonville/codes/code_of_ordinances?nodeId=TITVADPE_CH128RIMAPR_PT3SESUPR_SPBSESUPRFU_S128.306CLCOFetched: 10/27/2026

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128.306 | Corpus