Kearney board accepts Midwest Public Risk insurance proposal for 2025
After a staff presentation and broker review of market options, the board authorized Midwest Public Risk (NPR/MPR) for property, casualty, liability, vehicle and worker compensation coverage for 2025, citing a flat wind/hail deductible and an 18-month rate guarantee as key advantages.
The full story
City Administrator Sheila Eren introduced broker Paul (agency representative) to present options for the city’s 2025 property/casualty insurance renewal. Paul said the commercial insurance market has been in a “hard market” with statewide and national increases; Travelers proposed a renewal (about a 19% increase) with higher percentage wind-and-hail deductibles, while Midwest Public Risk (MPR/NPR) offered a higher premium but a flat wind-and-hail deductible ($25,000) and an 18-month rate guarantee.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in