Council approves annual insurance renewals; city sees net decrease after deductible reduction
The city renewed multiple insurance lines with broker USI; staff reported a roughly 4% overall premium decrease and reduced wind/hail deductibles from 5% to 3%, improving the city's catastrophe exposure.
The full story
The Amarillo City Council approved the city's annual insurance renewals after a presentation by the city's broker, USI Southwest, on market conditions and changes in coverage.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in