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Committee recommends one-year liability renewal, adviser urges $300,000 self-insured retention
Summary
Risk advisor Doug Rogers recommended the committee support a one-year renewal of the district's liability package and accept a $300,000 self-insured retention, saying the premium savings would nearly offset the added exposure; the committee voted to recommend approval to the full board with one opposition.
Doug Rogers of Risk Pros Inc. told the Bossier Parish School Board insurance committee that the district should accept a $300,000 self-insured retention (SIR) as part of a one-year renewal of its liability insurance package, arguing the change would deliver nearly $200,000 in premium savings.
Rogers outlined the coverages included in the package—auto liability, uninsured/underinsured motorist options, bodily injury and property damage, general…
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