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Board authorizes letter to ICRMT, directs reinsurance marketing
5414898 · July 17, 2025
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Summary
The board voted to authorize staff to notify ICRMT that it may withdraw from coverage and to seek commercial reinsurance, with staff to solicit market quotes due in October–November and a potential withdrawal effective Dec. 1.
The board voted to authorize staff to notify the Intergovernmental Cooperation Risk Management Trust (ICRMT) that the county may withdraw from certain lines of coverage and to permit staff to solicit commercial reinsurance quotes. At a regularly scheduled meeting, Billard, board member, made the motion to authorize…
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