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Coffeyville renews liability and power-plant policies with modest premium change amid market constraints
Summary
The commission authorized R-25-69 to renew the city's liability insurance and a separate policy for electric operations; staff said the renewal produced only a 1% increase and described market reluctance from some insurers because of levee and geographic risk factors.
The Coffeyville City Commission approved Resolution R-25-69 on June 24 to authorize issuance of purchase orders for the city's liability insurance and a separate policy covering the power plant. Director of Finance Martin Cummings presented the renewal and said the combined premium rose about 1% to $674,599 for the year beginning July 1, 2025.
Cummings and…
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