municipal insurance pool News

Atlanta Suburb Government Lost $785,000 in Email Scam

An Atlanta suburb is trying to recover nearly $800,000 that it lost in an email scam. The losses became public knowledge after they were discussed in an audit report presented at a Thursday meeting Employees sent a total of $1,219,287, …

Court: California City May Proceed With Bankruptcy

A U.S. federal judge on Monday approved the city of Stockton’s petition for bankruptcy in a case that sets the stage for a lengthy battle between bondholders and the California pension system. In a case being studied by other cash-strapped …

California City Warned It May Lose Its Insurance Coverage

A Southern California city has been told that it could lose its insurance if city officials and staff don’t start getting their act together soon. That was the warning from the California Joint Powers Insurance Authority, an insurance pool for …