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City staff explain employee-theft insurance: $1 million coverage, $10,000 retention, premium under $8,000
5668149 · August 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Board members questioned a below-$50,000 purchase for an employee-theft ("scribe") insurance policy. HR said the policy covers theft by employees and has had no claims; staff said the policy provides $1 million coverage with a $10,000 retention and a premium under $8,000.
Board members asked Aug. 12 about a below‑$50,000 item the city manager had listed for the board’s review — an employee‑theft insurance policy (referred to in the meeting as the "scribe" policy). Jenny Bradford in Human Resources told the board the policy was put in place last…
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