SW Washington Workers' Compensation Trust (SWWCT)
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The Southwest Washington Workers' Compensation Trust provides Industrial injury accident insurance coverage for its membership. RCW 48.62.011, provides the exclusive source for authority for local governmental entities to individually or jointly self-insure risks, jointly purchase insurance or reinsurance, and to contract for risk management, claims, and administrative services. An agreement to form a pooling arrangement was made pursuant to the provisions of Chapter RCW 39.34, the Interlocal Cooperation Act.
The Trust was formed January 1, 1983 when school districts in the State of Washington joined together by signing an Interlocal Governmental Agreement to pool their self-insured losses and jointly purchase insurance and administrative services. Twenty-nine school districts and the Educational Service District 112 have joined the Trust.
The Trust is an Enterprise Fund established for the purpose of providing group self-funding, group purchase of excess insurance, claims control and risk management for industrial injury accident liabilities to its members.
The Trust is fully funded by its member participants. Claims are filed by members with the Educational Service District 112, which is contracted to perform claims adjustment services for the Trust.
The Southwest Washington Workers' Compensation Trust is governed by a Board of Directors, which is comprised of one designated representative from each participating member, with delegated authority to a five member Executive Committee. The Executive Committee is responsible for conducting the business affairs of the Trust.