California’s AB 218 works the same way, and it has already produced a real-world test case. Los Angeles County faced thousands of claims tied to foster care, juvenile detention, and education, a wave that pushed the county toward a multibillion-dollar settlement. The county funded that settlement through bond issuance rather than insurance payouts – a structure typically used when a public entity’s liability exceeds what its insurance or self-insured retention can absorb, or where coverage from the relevant policy years has since lapsed, been exhausted, or is being separately disputed. That financing choice is itself a signal of how large reviver-statute exposure can run relative to the insurance protection public entities actually held at the time the underlying conduct occurred.
Tokio Marine HCC names Megann Pfeffer to lead public risk group
