Demotech has affirmed the financial stability ratings assigned to seven self-funded public entity pools, giving them all “AAA” ratings.
The seven self-funded public entity pools include American Public Entity Excess Pool (APEEP), Illinois Parks Association Risk Services (IPARKS), and Ohio Township Association Risk Management Authority.
APEEP provides property and casualty reinsurance pooling to five public entity risk pools, including IPARKS, which only provides liability and property coverage to its Illinois park district and recreation agency members.
The Ohio Township Association Risk Management Authority is a local government risk pool that offers comprehensive liability and property coverages specifically tailored to meet the
needs of townships throughout the state of Ohio.
