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Board approves 2025–26 insurance package; total premiums rise amid state valuation changes

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

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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