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Council approves first-year renewal with FMIT; workers' comp costs rise
Summary
City approved a one-year renewal with the Florida Municipal Insurance Trust for property, casualty and workers' compensation coverage effective Oct. 1, 2025, noting an 11.7% overall premium increase and higher-than-expected workers’ compensation costs.
The Jacksonville Beach City Council approved a one-year renewal of its property, casualty and workers’ compensation insurance policies with the Florida Municipal Insurance Trust, effective Oct. 1, 2025, after staff said the renewal fits the current budget despite higher workers’ compensation costs. Amber Hudnold, senior human resources generalist, told the council the renewal quote is…
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