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Chickasha schools renew liability insurance through OSIG with $77,000 premium reduction
Summary
The board approved renewal of the district’s liability insurance with the Oklahoma School Insurance Group (OSIG), noting an 8% rate reduction equating to about $77,000 and a $100,000 per-occurrence deductible.
The Board of Education approved renewal of the district’s liability insurance coverage through the Oklahoma School Insurance Group, with district advisors reporting an 8 percent reduction in premium—approximately $77,000—compared with the prior year.
An insurance representative explained the district currently carries a $100,000 deductible for all perils and that the insurer’s offering included limited options…
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