Board hears new insurance plan, cyber coverage expanded after market changes
District insurance broker and the chief financial officer told trustees the district's property, liability and cyber insurance is moving to new carriers after a non‑renewal; the district will get higher cyber ransom limits and access to an insurer portal with prevention resources, but at a higher premium.
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Trustees of the Lakeland School District were briefed Tuesday on a new property, liability and cyber insurance program that moves the district from its prior provider after that carrier declined to renew the policy.
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