Monroeville budget hearing: sharp rise in workers’ comp and liability premiums forces larger 2026 request
Monroeville’s insurance broker told council the borough faces substantially higher workers’ compensation and liability premiums after several large claims, prompting staff to propose adding roughly $270,000 to workers’ comp and to prepare for larger excess‑liability costs in 2026.
The full story
Monroeville’s insurance broker warned council on Thursday that a series of large claims has pushed the borough’s workers’ compensation costs sharply higher and will increase liability and excess‑liability premiums in 2026. Mark Forrester of Nova Insurance Services told the council that the municipality’s experience modification — a factor the market uses to price workers’ compensation — rose to 1.463, and the carrier is charging materially higher premiums as a result.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in