Perryton ISD trustees approve one-year continuance with Edwards Risk for property and casualty insurance

Perryton ISD trustees voted 6-0 to approve a one-year continuance of the district—s property and casualty insurance with Edwards Risk Management at a board meeting where staff said the district compared proposals from Edwards and TASB Risk Management.

The district sought bids to ensure it was getting the best terms, an unnamed district staff member said during the meeting. "They're pretty even as far as offerings. There's little differences in coverage. There's little differences in price, but when you put them on the whole together, it's pretty even across the board," the staff member said, then recommended continuing with Edwards Risk Management because the district has had a longstanding relationship with that firm.

The insurance covers employee-related liability and the district—s liability insurance, including legal costs if the district becomes involved in litigation, the staff member said. The motion before the board was described as approval of the property and casualty insurance and the payment for the upcoming year.

Board members asked whether the approval covered multiple years; the staff member replied the district is "under a 5 year agreement." Another board member commented that they were "on year 3 of 3," a statement that created an unresolved discrepancy on the record about the current agreement term. The board did not clarify that discrepancy at the meeting.

Trustee (unnamed) moved to approve the continuance for one more year; the motion was seconded and carried 6-0. Board members also noted they were waiting on a call from the district—s financial adviser about bond pricing before taking up other agenda items.

The board—s action on insurance was limited to the one-year continuance and payment; no additional contractual details, premium amounts, or vendor contract numbers were provided in the meeting record.