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Board renews property/casualty insurance amid rising exposure; total premium rises about $344,000

5121768 · July 2, 2025
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Summary

The council approved renewal of the city's property and casualty insurance with Travelers at an overall premium of $2,348,008.53, reflecting growth in city assets and payroll.

The Board of Aldermen approved renewal of the city's property and casualty insurance with Travelers, accepting a renewal premium totaling $2,348,008.53 — a $344,000 increase over the prior year — and authorized the mayor to sign the renewal documents.

City officials said…

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