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Board approves TASB Risk Management Fund plan for property and liability coverage; trustees cited market improvement

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Summary

After marketplace review, the board approved participation in the TASB Risk Management Fund for property and liability coverage, with trustees and consultants saying broader insurer participation improved market conditions and the TASB fund offered lower cost and favorable limits.

Grapevine-Colleyville, TX ' The Grapevine-Colleyville ISD board on Aug. 25 approved the district's property and liability coverage through the TASB Risk Management Fund and executed an interlocal participation agreement.

James Charlesworth, an insurance consultant who briefed the board, said the property and liability market had…

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