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County insurance renewal comes in better than expected; commissioners weigh higher cyber limits

Hamilton County Board of Commissioners · December 16, 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

Risk staff reported a favorable county insurance renewal with roughly a 10% overall premium increase and proposed options to raise cyber liability from $1 million to $2 million or $5 million with projected premium impacts; commissioners planned follow-up and discussed whether to handle cyber coverage details in executive session for security reasons.

Hamilton County’s risk and legal staff reported a better-than-expected insurance renewal at the Jan. 13 meeting and presented options for increasing cyber liability limits.

Kristen Walker and Steven Rushford summarized a renewal that the county’s safety and risk team said was aided by a sharp decrease in claims: the county reported a 48%…

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