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Williamsport administration outlines 2025 insurance renewals; total reported about $873,767

2113623 · January 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff presented a resolution covering 2025 insurance renewals, reporting a roughly $41,000 auto insurance increase tied to new fire trucks and a total renewal cost cited as $873,767.

This is a resolution for our 2025 insurance renewals, a city staff member identified as Jamie told the City of Williamsport Finance Committee.

Jamie said the city saw a modest overall increase at renewal, with a larger increase in auto coverage—about $41,000—attributed to newer fire trucks. Jamie gave a breakdown in the meeting: liability insurance of $547,321 and a combined workers' compensation and cyber liability amount that brought the total cited to $873,767.

Jamie said the administration used the same insurers chosen under a previous request for proposals conducted in 2023 and did not run a new RFP because the city had obtained competitive rates through that process. Jamie also told the committee that workers' compensation costs were lower than in the prior policy period.

Councilman Randy asked for clarification about the amounts; Jamie confirmed the liability and total figures as stated above. The transcript does not record a formal vote on the insurance resolution in this meeting.

The discussion noted the administration's rationale for retaining existing vendors and that the auto premium rose primarily because of the addition of newer fire apparatus. The transcript does not supply the RFP document, insurer names beyond the general description, or an agenda motion or recorded vote.