Title
Settlement of Worker's Compensation Claim - William Davis (NB)
This item involves the full and final settlement of Mr. Davis' worker's compensation claim(s), which will include all future medical and indemnity payments. The total settlement amount is $120,420 and represents a significant cost advantage to the city.
Explanation
While employed by GFR, Mr. Davis suffered a compensable heart attack. This led to ongoing medical treatment. As a result of his injuries, the present potential exposure to the City in future medical treatment is in the range of $205,000 to $240,000 including the potential for permanent total disability.
Recently, the City and Mr. Davis attempted to mediate a settlement of his worker's compensation claim. Mr. Davis and his attorney, Alan Aronson, have agreed to the proposed settlement. The City Attorney's Office, the Risk Management Department, GFR, Special Counsel and our Worker's Compensation servicing agent all concur as to the full and final settlement of this claim. The total amount, $120,420, includes all attorney fees, future medical costs, past and future indemnity payments and taxable costs.
Fiscal Note
The settlement of this case in the amount of $120,420 will be paid out of the General Insurance Fund.
Recommendation
The City Commission authorize Special Counsel to prepare and execute the appropriate documents for a lump-sum settlement of the Worker's Compensation Claim of Mr. William Davis in the amount of $120,420.