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Policy council accepts Travelers package with $5,000 deductible after insurance review
Summary
After a detailed review of renewal options from Brown & Brown, the St. Martin Parish Schools Policy Council voted to accept a Travelers insurance renewal with a $5,000 equipment deductible and retain a $250,000 retention for large claims, while directing staff to develop loss-control protocols.
The St. Martin Parish Schools Policy Council voted to accept an insurance renewal package offered by Travelers, including a $5,000 equipment deductible option, following a presentation by representatives of Brown & Brown.
The vote concluded a lengthy discussion of the district’s property, auto and professional-liability coverage, renewal premium levels and options for shifting retention. Brandon Brown and Coy Duplantis, who presented the proposal for Brown & Brown, reviewed a package placed previously with Munich and compared alternatives from Travelers. They said Travelers offered an option with a $5,000 deductible and another with a $15,000 deductible; the travelers options were lower than one renewal quote from Munich.
Board members and staff focused on what drove recent premium increases. Presenters said large auto-related claims in recent years had materially affected the district’s loss experience and therefore its renewal cost. The brokers laid out retention options: keeping the current $250,000 retention, increasing the retention to $350,000, or to $500,000, with the premium falling as retention rose. The brokers presented those figures as examples during the meeting.
Members pressed for steps to reduce future losses. Suggestions included more driver training, use of telematics and in-vehicle monitoring, stiffer internal disciplinary consequences for repeat driving infractions, and exploring whether outsourcing bus operations would reduce exposure. The board asked staff to develop written guidelines and loss-control protocols to present before the next renewal cycle.
During the motion to adopt the Travelers option with the lower equipment deductible, a member clarified that flood insurance would be handled as a separate item. A motion to accept Travelers with the $5,000 equipment deductible was made and seconded on the record; the transcript records the motion as passed.
The council gave no roll-call tally in the public record; the committee minutes record the outcome as approved. Staff were directed to return with recommended policy language and loss-control steps to lower exposure going forward.
