Keenan Press Releases

 Press Releases

Keenan Webinar To Feature California State Senator John Moorlach on Severe Fiscal Challenges Facing Cities and Potential Solutions

February 13, 2020

TORRANCE, Calif. – Feb. 11, 2020 – Keenan, an industry-leading California insurance brokerage and consulting firm for health care organizations and public agencies, will host an informative webinar on the topic of Fiscal Health for California Cities on Thurs., Feb. 19, 2020, at 2 p.m. Pacific time.

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Special guest for the 30-minute webinar will be California State Senator John Moorlach. Topics will include:

  • The state auditor’s dashboard on the fiscal health of California cities
  • Review of the financial soundness ranking of cities and counties
  • Perspectives and recommendations on how cities can address the challenges ahead

In October 2019, the California State Auditor launched a dashboard enabling the public to compare financial statistics on 471 cities and see which ones are at the highest risk of distress. Illustrating the severity of the situation, the data revealed that 337 of those cities have not saved enough money to pay for future retiree health benefits.

Ten indicators were used to assess each city’s ability to pay its bills in both the short and long term. Sen. Moorlach will review these parameters and the results of the statistics. He will also present important steps cities can take to address immediate problems in the short term as well as for establishing long-term, sustainable fiscal health.

To register for this webinar, click here.

For information on Keenan insurance brokerage and consulting programs, visit www.keenan.com.


About Keenan
Keenan has a 47-year track record of serving California schools, community colleges, health care organizations and public agencies. Keenan is part of the AssuredPartners group of independent brokers, currently ranked as the 12th largest U.S. brokerage. Keenan serves as AP’s California hub to expand its innovative employee benefits, health benefit management services, workers' compensation, risk management, and property and liability programs throughout the country. Keenan has a staff of more than 725 insurance specialists with local offices in Torrance, Riverside, San Clemente, Oakland, San Jose, Rancho Cordova, Redwood City, Pleasanton and Eureka. For more information, call 800-654-8102 or 310-212-3344, email info@keenan.com or visit www.keenan.com.