Blog

Municipal Risk managers and their colleagues hope for smooth insurance renewals with modest changes to premium, coverage, and deductibles, but that isn’t always the case.

The LAS Natural Gas Program price is currently set at 14.1 ¢/m³ for the Nov 22-Oct 23 contract year. With the extreme volatility and upward pressure on natural gas prices experienced through most of 2022 and expected through 2023, program members have been well protected against this unpredictable market.

As your municipal Agent, LAS takes its responsibility seriously by protecting municipal best interests. We are pleased to announce LAS has secured a fixed hedge for a 15-month term commencing October 1, 2022 – December 31, 2023.

New Council orientation sessions are critical to treasurers, given that new members will be making major budget decisions shortly after taking office. Elected to four-year terms, Councils will need to understand planning for long-term investing. They may also have misconceptions about financial markets.

The Municipality of Central Elgin approved construction for a net zero fire station in 2018. A year later, the Council also declared a "climate change emergency." This action assisted Council in identifying a priority in its strategic plan to be both environmentally and financially sustainable.

You’re the Risk Manager at a municipality. You check your email one morning and see a dozen new incident reports came in over the weekend. You become frustrated that you have to spend your day documenting these claims in your master spreadsheet. You’d much rather spend your time being proactive and strategic.