Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Insurance Workers Comp topic
No spam. Unsubscribe anytime.
Board approves renewal of district workers’ compensation insurance with Erie Insurance
Summary
Staff recommended and the board approved the district’s workers’ compensation insurance renewal with Erie Insurance for FY26; administrators said the $415,217 bid was lower than the current year and the district’s experience rating remained below 1.0.
BERKELEY COUNTY, W.Va. — The Board of Education voted June 2 to renew the district’s workers’ compensation insurance with Erie Insurance for fiscal year 2026, accepting a bid of $415,217.
Finance staff presented four bids and recommended continuation with Erie Insurance. The presenter said the FY26 bid was lower than the current year and noted the district’s experience rating is 0.9 — a number staff characterized as positive because it indicates relatively lower claim experience.
Board members moved and seconded the recommendation; the motion passed by voice vote. No additional fiscal detail was provided in the meeting minutes beyond the award amount and proposal recommendation.
Why it matters: workers’ compensation is a routine but material operating expense that affects the district’s risk management, budgeting and employee claims handling.
What’s next: the district will process the renewal and monitor claim experience and premiums during FY26.
