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School board approves 2025–26 casualty, property and cyber insurance renewals; casualty costs rise, property premiums fall

5468606 · June 3, 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

The Katy Perry School Board approved renewals for casualty, property and cyber insurance for 2025—6 during its June 3 meeting, with a gross casualty premium increase offset in part by a dividend.

The Katy Perry School Board approved renewals for casualty, property and cyber insurance covering the 2025–26 policy year at its June 3, 2025, meeting.

On the casualty policy, an insurance representative reported a gross premium increase of $45,040 from the prior year to a total of $653,697 and said the district is entitled to a dividend of about $31,000 on July 1, reducing the net increase to roughly $11,000 for the coming fiscal year. The representative described the casualty coverage as including the district's bus…

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