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Committee urges contingency planning for potential municipal self‑insurance
2889563 · March 19, 2025
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Summary
Following a study-session discussion about liability insurance markets, committee members asked the city manager and finance staff to start contingency planning, reserve considerations and a business plan in case the city decides to self‑insure in future.
Committee members returned to a prior study‑session discussion on city liability insurance and whether the city should consider self‑insurance at some future point. The city manager told the Audit and Finance Committee that for a city of Independence’s size, self‑insurance is likely to…
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