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FPUA accepts 2026 FMIT insurance renewal; premium rises 3.46% driven by workers' compensation
5906785 · October 7, 2025
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Summary
The Fort Pierce Utilities Authority accepted a package insurance renewal from the Florida Municipal Insurance Trust for $1,635,299, a 3.46% increase from the prior year driven mainly by a rise in the workers’ compensation experience modification.
Fort Pierce — The Fort Pierce Utilities Authority board on Oct. 7 accepted the fiscal year 2026 insurance package quote from the Florida Municipal Insurance Trust (FMIT) for $1,635,299, representing a 3.46% increase from FY2025.
Colleen Thurston, director of human resources and risk, said the renewal covers property, general…
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