Insurance broker briefs council on renewal, cyber changes and cannabis coverage sunset

Bob Cummings, manager at Security State Insurance, presented the city’s liability and property insurance renewal and walked council through coverages, deductibles and options. He reported that the overall package is down about 3.2% from last year, with the property portion carrying a $20,000 deductible; municipal-liability limits include per-person and per-occurrence caps. Cummings also described mobile-equipment blanket limits and optional coverages such as equipment breakdown and a $1,000,000 excess liability layer.