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Wayne County approves 18‑month insurance amendment for three movable bridges

2471095 · February 26, 2025
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Summary

The commission approved an amendment to pay an 18‑month premium for insurance covering three movable bridges, aligning the policy term to July 1 and capturing roughly 16% savings compared with the previous year.

The Wayne County Commission approved Amendment 7 to a five‑year contract with Alliant Insurance Services to pay the premium for an 18‑month mobile bridge insurance policy covering three movable bridges.

Michael Cadel, county director of risk management, told commissioners the amendment moves the bridge policy back to a July 1 start date so renewals align with other county insurance policies. He said coverage was bound Jan. 3 and that the carrier experienced invoicing delays — invoices were received Feb. 5 — but there is no gap in coverage.

Cadel said the county realized approximately 16% in premium savings from the prior year; he attributed the change to favorable market conditions and strong communications between the county and its broker, Alliant Insurance Services. Commissioners asked whether the bridges in their districts remained covered; Cadel confirmed coverage remained in force.

Commissioners approved the amendment by tablet vote.