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Board renews district insurance through Nevada public‑agency pool; approves two‑year workers’ comp option
Summary
Trustees approved renewal of property/casualty coverage through the Nevada Public Agency Insurance Pool and selected a two‑year excess workers’ compensation option from Incline Casualty to lock rates amid a hard market.
The board approved renewal of district property, liability and cyber coverage through the Nevada Public Agency Insurance Pool and selected a two‑year option for excess workers’ compensation through Incline Casualty.
Why it matters: Insurance renewals affect the district’s risk management and long‑term fiscal exposure. Trustees considered carrier ratings, minimum premium trends and the trade‑off between short‑term savings and long‑term carrier stability.
Pool services and risk management: Wayne Carlson,…
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