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Staff recommends renewing district insurance package; board asks for line-item breakout
Summary
Staff recommended the district renew property, liability, auto, cyber and workers' compensation coverage through the recommended providers for a total premium of $2,167,196 and the board asked purchasing to provide a detailed breakout of the package before final approval.
District staff recommended renewing the district’s insurance program and presented the board with a total premium figure of $2,167,196 that covers property, cyber, auto, liability, student accident and workers’ compensation coverage.
A staff presenter described the procurement as a request for proposals (RFP) that produced limited responses. “We are recommending tonight that you renew, with public risk insurers for all 4 across the board. It is a total of $2,167,196 that is actually cheaper than we estimated it would come in,” the presenter…
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