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Board approves switching property and liability carriers after premium review
Summary
After reviewing multiple proposals, the board approved switching property coverage to FM Affiliated and liability coverage to EMC, noting lower overall premium increases and different deductible structures compared with the current Liberty Mutual package.
The Franklin Community School Corp board approved staff’s recommendation to change insurance carriers after a presentation on premium increases and coverage differences. District staff outlined several proposals solicited by the insurance agent and described growing carrier reluctance to insure schools for property, Title IX and other claims.
The presenter said Liberty Mutual, the…
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