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Board approves 2025–26 insurance package; total premiums rise amid state valuation changes
Summary
The board approved the district's recommended insurance coverage for fiscal 2025–26 at $347,524 in premiums after staff reported a roughly 13% overall increase in costs driven partly by state valuation changes; administrators also adjusted workers' compensation and cyber providers to limit increases.
Fort Thomas Independent Schools’ board approved the district’s insurance package for fiscal year 2025–26, with administrators reporting a total premium of $347,524 for property, fleet, liability and related coverages and an additional student accident package through a local agent.
Nut graf: Administrators said the district sees higher insurance costs this year — about a 13% increase overall — driven partly by the…
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