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Board signs off on insurance renewals, claims administrator and student accident coverage
Summary
The school board approved the district’s 2025–26 general insurance package, a third‑party claims administrator contract (Davie Claims North America) and a student accident/activities insurance agreement with Doxa, with staff noting changes to premiums and the need for a replacement‑cost appraisal.
The Marion County School Board approved a package of risk‑management items Tuesday, including the district’s general insurance premiums, continued third‑party claims administration and student accident coverage.
Risk staff reported total insured value for district property exceeding $1.3 billion and described recommended premiums for property and casualty. The property premium was presented at $2,300,000 (a decrease of $188,000 from the prior year) and casualty at $717,000 (an increase of about $44,000). Staff reported a recommended loss‑fund replenishment of approximately $1,100,000 — an increase driven by actuarial funding requirements — yielding a total estimated premium and replenishment figure of about $4,100,000 for 2025–26, roughly $203,000 higher than the prior year.
Risk management recommended commissioning a full replacement‑cost appraisal of the district’s property portfolio; staff said the timing is appropriate because two new schools are under construction. Board members asked for information about appraisal costs and scope and were told an appraisal exceeding district procurement thresholds would be brought back for board approval.
The board approved continued engagement of Davie Claims North America as third‑party claims administrator for an initial term of July 1, 2025, through June 30, 2028, with options to renew for two additional one‑year terms. The initial three‑year services cost was described as not to exceed $770,000, with total five‑year costs not to exceed $1.3 million.
The board also approved a Doxa accident and health insurance agreement providing student accident coverage for extracurricular athletics and an “all student” policy that covers students during the school day; the all‑student policy was described as costing $60,751 and equating to $1.37 per student based on 44,344 students. The activities/athletics package was listed at $264,100. Staff said parents may optionally purchase 24‑hour coverage beyond the district policies.
All items passed by unanimous votes. Board members thanked staff for stewardship and asked for a follow‑up on appraisal cost estimates before procurement decisions.
