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In an effort to protect the state’s school districts and their employees, the Kentucky Department of Insurance proposed a plan to take over the management of the troubled funds used for school board workers’ compensation and property and liability claims at a much lower cost to the school districts. These funds have faced serious financial destabilization, with potentially significant and costly impact to the school boards. This recommendation, if accepted, will save the state’s school boards at least $21 million over proposals submitted earlier this year.

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