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Insurance brokers present renewal options; board asks for two premium summaries before vote
Summary
Arthur J. Gallagher presented Monroe County School District's 2025 property-and-casualty renewal, showing improved property-market pricing and options that would change the district's named-storm flood sublimits; board asked staff to return with two consolidated premium summaries for final approval at the next meeting.
The school district's insurance broker, Arthur J. Gallagher, presented the district's 2025 property-and-casualty renewal on Jan. 28 and proposed program options that would hold the district's overall insurance spending near the current level while improving certain coverages.
Eileen Abella of Arthur J. Gallagher told the board the property-insurance market is improving after recent years of rising rates; Gallagher's proposal included an option that would retain a $2.5 million…
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