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Katy ISD staff recommends two-year renewal for excess workers' compensation reinsurance
Summary
Risk management recommended renewing the district's excess workers' compensation reinsurance with Midwest Casualty for a two-year flat premium; trustees asked clarifying questions but took no vote at the work study.
Katy ISD's risk management staff recommended renewing the district's excess workers' compensation reinsurance for plan year 2025-26 under a two-year pricing arrangement, and trustees discussed the proposal during the July 21 work study.
Lance Naumann, Director of Risk Management, told the board the district purchases reinsurance to protect against very large workers' compensation claims on its self-insured program and solicited proposals through a formal…
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