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Commission renews property and casualty insurance; large rebate reduces net premium to under $300,000

Kalamazoo City Commission · January 6, 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

The commission approved a one‑year extension of property and casualty coverage through the Michigan Municipal Risk Management Authority/IVEX, with staff noting an anticipated rebate of about $770,000 that reduces the net premium to under $300,000.

The commission approved a one‑year extension of the city’s property and casualty insurance through the Michigan Municipal Risk Management…

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