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Commissioners switch county package to Travelers, add cyber coverage via Tokio Marine HCC
Summary
Following staff recommendation, the county moved package coverage from Liberty to Travelers and added cyber liability through Tokio Marine HCC; the motion passed unanimously.
Decatur County commissioners approved the county''s insurance renewal package May 19, moving the package policy from Liberty Mutual to Travelers and adding cyber-liability coverage through Tokio Marine HCC.
County risk/insurance staff said the revised quote included Travelers for the property/casualty package, Indiana Public Employers Plan (IPEP) for workers''comp, and Tokio Marine HCC for cyber liability. Staff told the board the Travelers option produced a favorable price that saved county funds compared with the prior recommendation.
A commissioner moved to accept the Travelers/HCC quote and the motion passed on a voice vote. Staff said they would ensure that newly improved or designated properties (the meeting mentioned athletic fields with artificial turf) are listed on the policy at the values the county requires.
Ending: Commissioners approved the renewal package and directed staff to finalize policy schedules and ensure special items are designated on the insurance list.
