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Board approves switch to Old Republic for liability and property coverage; rejects terrorism endorsement
Summary
The school board approved a change in general liability, auto and property insurers to Old Republic after competitive bids; staff said the new package reduces the district's premium substantially and changes the property deductible to a per-building basis for named storms.
The Tangipahoa Parish School Board approved a recommendation to change liability and auto coverage to Old Republic after staff shopped the market. Staff told the board the recommended package provided the same limits and coverages at a substantially lower premium than the district's incumbent carrier. A staff presenter said the combined premium savings were…
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