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Life and short‑term disability renewals proposed for three‑year hold from Securian/Oakes, Madison National
Summary
Oakes Inc. on behalf of Securian (life) and Madison National (short‑term disability) presented renewal terms; trustees were briefed on pool membership and a recommended three‑year rate hold for life products and one‑year rate continuation for short‑term disability.
Bill Oakes, representing Oakes Inc. and the county’s carriers, reviewed life‑insurance and short‑term disability experience and proposed renewals. He said the county is part of a municipal pool administered by Securian that provides scale and relative pricing stability. Oakes proposed a three‑year rate guarantee for the county’s…
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