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Committee recommends continuing LWMMI liability coverage; cyber limit to increase to $500,000
Summary
Staff recommended and the committee recommended approval of the 2026 commercial liability insurance package through the League of Wisconsin Municipalities Mutual Insurance (LWMMI), including raising cyber liability coverage from $250,000 to $500,000; staff did not recommend adding no-fault sewer-backup coverage because of its high premium.
The Village of Ashwaubenon Finance and Personnel Committee recommended continuing its commercial liability insurance program with the League of Wisconsin Municipalities Mutual Insurance (LWMMI) for 2026 and approved staff's suggested changes, including an increase in cyber liability coverage from $250,000 to $500,000.
Village staff member Joel said LWMMI provides a suite of coverages including general liability, law enforcement liability, public officials liability, automobile and uninsured motorist liability, crime and blanket bonds for certain municipal officers. Joel said the proposed change to the cyber coverage level responds to a rise in cyber incidents affecting local governments.
Staff considered adding no-fault sewer-backup coverage but recommended against it because the added premium was high (Joel said the premium increase to add that coverage would be about $75,000 per year) and the village averages only three to five sewer-backup claims per year, not all of which result in payouts. Joel also described two opposing drivers in the package: an increase in property-related premiums following an audited statement of values, and a significant decrease in workers' compensation costs due to prior claims rolling off the experience period. Overall, Joel said the package will be about $10,000 less than the prior year.
Tim Jaden moved to recommend approval of the 2026 commercial liability package for LWMMI; Kelli Service seconded. The motion carried on voice vote.
The packet included a coverage checkup and service guidance; staff recommended continued participation with LWMMI. No roll-call vote was recorded in the transcript; committee members approved the recommendation by voice vote.
