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County hears plan for multijurisdiction property insurance pool; board appoints interim representative
Summary
A representative for a proposed 13-entity property insurance pool briefed Hancock County supervisors on coverage changes and projected savings; the board authorized an appointment (Jimmy Langer) as the county's representative contingent on final formation documents and attorney review.
Frank Bordeaux, identified in the meeting as representing a property insurance pool effort, told the Hancock County Board of Supervisors the pool proposal would broaden coverage and could reduce costs across 13 participating entities.
Bordeaux said carriers agreed to include storm surge in the definition of wind and that the pool would add wind-driven rain coverage, cover outdoor equipment, and avoid previously used onerous roof exclusions. He said the pooled structure includes a $1…
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