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Park City council renews property and workers' comp insurance at $292,562
2790167 · March 27, 2025
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Summary
Council approved a one-year insurance renewal for property, casualty and workers' compensation coverage totaling $292,562, citing higher property values and increased claims as drivers of a 13% premium increase.
City staff presented the annual property, casualty and workers' compensation insurance renewal and the council approved the recommended policy renewal.
Staff reported the renewal quote of $292,562, a 13% increase from the 2024…
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