San Juan County approves renewal of property and casualty insurance with Travelers

SAN JUAN COUNTY — The San Juan County Commission voted March 24 to renew the county’s property and casualty insurance package with Travelers, choosing that carrier over a competing quote from the New Mexico Counties Insurance Authority after staff presented a side-by-side comparison of premiums, coverage forms and follow-up costs.

Cynthia Singleton, who introduced the renewal recommendations to the commission, said the package covers property, equipment, contractors’ equipment, general liability, employee benefits liability, law enforcement liability and umbrella limits and that the county was seeking competitive pricing across lines except workers’ compensation.

Nate (broker) presented the premium comparison and said the Travelers package premium presented to the commission totaled $2,143,426 while the insurance authority’s quoted total was $2,857,779, noting the difference in pricing and coverage form. "Travelers this year was $2,143,426... compared to…