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KCAMP warns of higher reinsurance costs; Ellis County keeps $50,000 deductible

Ellis County Commission · December 17, 2024
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

A KCAMP representative told the county reinsurance costs and deductibles are rising after recent convective-storm losses; the commission agreed to keep the county's per-occurrence deductible at $50,000 for 2025 rather than raising it to save modestly on next year’s contribution.

A representative from KCAMP, the insurance pool for Kansas counties, briefed the Ellis County Commission on Dec. 17 about market shifts that are raising reinsurance costs and changing coverage terms for 2025.

David Luke, KCAMP’s representative, said reinsurers have tightened terms after a run of large convective-storm losses and noted the pool has absorbed some…

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