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Property-casualty renewal: county faces 11% pooled premium increase as national catastrophe losses climb
Summary
Flathead County officials reviewed the Property Casualty Trust (PCT) 2025–26 renewal. Presenters said the county’s pooled coverage will rise about 11% overall, driven by national increases in catastrophic and liability losses and higher total insured values for county property and vehicles.
Hope Barker, the property casualty trust administrator for the pooled trust, told Flathead County commissioners that the trust’s recommended 2025–26 renewal will result in an overall contribution increase of roughly 11.15% for the county. She told the commission that national trends — more frequent catastrophic events and larger jury awards — are driving higher pricing across the market.
Why it matters: County leaders heard that the pool’s structure and reinsurance approach are intended to provide coverage stability during volatile market periods, but participants should expect incremental contribution increases to maintain the trust’s ability to pay large losses without passing a single-year spike onto members.
Barker said the trust buys reinsurance and has historically kept the county’s premium “just under a million dollars,” but she reported that a secondary market option would have priced similar coverage around $4.2 million. “There’s more…
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