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Clear Creek Amana board approves participation in storm protection risk pool
Summary
The school board voted to join a new storm-protection/risk pool that requires a yearly contribution (examples in the presentation showed a $132,000 annual deposit) and could reduce the district’s overall deductible-buyback costs, district counsel and an insurance agent said during the meeting.
The Clear Creek Amana Community School District board approved a resolution to participate in a newly formed storm protection risk pool designed for Iowa school districts, following a presentation from Craig Schrader of Reliant Insurance.
The program, organized by a managing agency (Jester Insurance) with EMC as the insurance carrier, pools member contributions to…
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