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Council authorizes 2025 insurance renewal; staff to explore higher deductibles
2112437 · January 14, 2025
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Summary
Council authorized renewal of the city’s property, casualty and liability insurance with the Public Entities Risk Pool of Ohio and directed staff to negotiate deductibles and gap coverage before finalizing the agreement.
The Loveland City Council authorized the city manager to enter into a 2025 insurance agreement with the Public Entities Risk Pool (PEP) of Ohio by recorded vote of 7-0, while discussing premium increases, deductible options and staff follow-up to see whether higher deductibles would materially lower the cost.
Direc…
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