Birdville ISD approves three-year renewals for workers’ compensation and property/casualty insurance

The Birdville ISD Board of Trustees voted May 22 to authorize the superintendent to finalize contracts for the district’s workers’ compensation, liability, auto and property insurance renewals following presentations by Insurica representatives.

Walker Trudeau of Workers’ Compensation Solutions (presenting through Insurica) told the board the workers’ compensation renewal is a guaranteed three-year rate agreement that would reduce the district’s workers’ comp rate by 12%. "We're gonna be presenting a renewal with a 12% reduction in the overall cost," Trudeau said, and he estimated the district would save roughly $158,000 per year, about $380,000 over three years, based on an estimated payroll of approximately $190 million and an estimated contribution of about $1,164,000.

Kerry Sims, Insurica’s property and casualty agent for the district, described the liability and property placement and the multi-year auto-liability option. Sims said property rates are improving and noted an overall property-rate change of -15.1% in her presentation while acknowledging an increase in insured values due to new appraisals and additions. Sims explained the district currently purchases $300 million in property limits with a 2% per-building wind/hail deductible and noted options to buy higher limits for additional premium.

District staff recommended maintaining the $300 million property limit. The board passed a motion authorizing purchases and directed the superintendent to finalize contract terms; trustees announced the motion carried unanimously. No detailed roll-call tallies were read into the record during the vote.

Board members and staff praised the district’s safety and risk-management efforts during the discussion; trustees noted a culture of safety and training that Insurica credited with improving loss experience and enabling the favorable renewal terms.