The Cannon Falls School Board approved the district's property, workers' compensation and cyber insurance renewal, accepting a packaged Liberty Mutual quote that totaled just under $300,000 for the coming year.

Josh, the finance presenter, told the board the school‑insurance market has hardened and that increased replacement‑cost estimates, added square footage from recent construction (CTE project), and general market trends contributed to the roughly $45,000 increase over the prior year. He said the package fits within the preliminary fiscal 2026 budget.

Board members asked about the number of quotes; Josh said the district typically receives two market responses (Hanover and Liberty in recent years) and that overall premiums have risen substantially over five years. The property portion was the largest single increase; work comp and cyber premiums remained relatively stable.

The board moved and approved the Liberty Mutual quote by voice vote.