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Story County hears insurance renewal review; work comp mod credited with major savings
Summary
County staff and insurance representatives reviewed the 2025 renewal for property, liability, auto and workers' compensation coverage, noting a 0.66 experience modification that produced substantial savings and modest rate increases across key lines.
Story County supervisors heard a presentation on Aug. 5 about the county’s 2025 insurance renewals covering workers’ compensation, property, liability, auto and cyber liability. The presenters said the county’s workers’ compensation experience modification is 0.66, giving a 34% credit on work-comp premiums and about $110,000 in savings, and that the county’s overall insurance package showed modest increases this year. The presentation summarized claims history and premiums: the county had 15…
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