The Crowley School Board voted to approve excess workers’ compensation coverage through an insurer identified in the meeting as Midwest, accepting a two‑year rate‑lock option the presenter said reduces the district’s premium.

Board approval matters because the choice affects the district’s insurance costs for the coming fiscal year and was presented as a way to limit premium volatility.

Justin Carrier summarized the options the district received. He said the district’s expiring premium with Safety National was $85,350 and that Safety National proposed a higher premium and a larger self‑insured retention. “Safety National … their premium went from $85,350 to $90,490,” Carrier said. By contrast, Carrier said the Midwest quote would keep the district’s self‑insured retention at $500,000 and reduce the premium to $72,061; Midwest also offered a two‑year rate lock and billed 50% this year and 50% next year.

Carrier said the Midwest two‑year option yields a $13,289 decrease in premium when compared year‑to‑year and that a two‑year rate lock is advisable when available.

Mr. Higginbotham moved to approve the Midwest option; the motion was seconded and carried on a voice vote.

The board recorded no further conditions on the coverage in the meeting record.