Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Katy ISD risk management presents lower property-rate renewal and recommends TASB casualty renewal

Katy Independent School District Board of Trustees · February 17, 2025

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Risk management presented a renewal for the district's 2025-26 property-insurance program with an updated insured value and a lower pure-property rate; staff also recommended renewing TASB's casualty program despite a modest premium increase tied to growth, inflation and reinsurance costs.

Lance Naumann, the district's director of risk management, recommended approval of Katy ISD's 2025-26 property-insurance renewal and the Texas Association of School Boards (TASB) Risk Management Fund casualty program.

Naumann reported an updated total insured value of approximately $4.79 billion (expiring value $4.53…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

Unlimited articles
AI-powered breakdowns of topics, speakers, decisions, and budgets
Instant alerts when your location has a new meeting
Follow topics and more locations
1,000 AI Insights / month, plus AI Chat

See memberships

30-day money-back on paid plans