In a recent meeting of the Boone County Board of Education, significant concerns were raised regarding the district's insurance coverage and the transition to a new broker. Board member discussions revealed a lack of clarity about the district's insurance status, particularly following the expiration of a previous policy on June 30. Questions were raised about whether the district had coverage as of July 1, with one member expressing dissatisfaction over the late addition of insurance matters to the agenda and the absence of detailed information.

The board member emphasized their commitment to ensuring the district's protection, stating, \"I still don't have a comfort level that on July 11th, as of July 1st, the district had coverage.\" They highlighted the need for transparency regarding the insurance proposals being considered, including a Liberty Mutual policy with a $25,000 deductible and a proposed Bluegrass trust, which was perceived as not aligning with the district's original intent to partner with Northern Kentucky entities.

Concerns were also voiced about the geographical relevance of the proposed insurance pool, with the board member questioning the inclusion of districts from areas outside Northern Kentucky. They expressed skepticism about the trust's ability to provide adequate coverage, citing a lack of historical loss assessments and the potential financial implications for the district in the event of a catastrophic incident.

In response to the board's inquiries, representatives from Assured Partners confirmed that the district did have coverage with Liberty Mutual as of July 1, despite ongoing tensions with the insurer. They acknowledged that the transition to a new broker had been complicated and that the board's decision to consider joining an insurance pool was a critical topic for discussion.

The meeting underscored the board's urgent need for clarity and assurance regarding insurance coverage, as well as the importance of strategic planning for the district's future initiatives, including educational programs and resource allocation. The discussions highlighted the complexities of navigating insurance options while ensuring the district's financial and operational stability.