Rockport Fulton ISD approves $1.53 million property insurance renewal with regional pool; one trustee abstains
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Summary
After a market comparison and discussion of Hurricane Harvey recovery lessons, trustees approved a $1,527,774 property insurance premium with Regional Pool Alliance for March 2026–March 2027; vote recorded 5 yes, 0 no, 1 abstain.
The Rockport Fulton ISD board approved payment to the Regional Pool Alliance (RPA) for property insurance coverage effective March 1, 2026, after central office and broker presentations comparing RPA’s blanket district coverage with open‑market alternatives.
Business officer Kathy Henderson summarized vendor proposals and noted RPA offered flood coverage for named storms and additional disaster response services that open‑market options did not include. The board received a revised premium figure during the meeting: trustees ultimately voted to approve payment of $1,527,774 to RPA for coverage through March 1, 2027.
Trustees questioned what district staff had learned in the aftermath of Hurricane Harvey and whether contract language and operational planning had changed to ensure quicker and more accurate recovery. Dr. Austin said the district has debriefed with RPA and contractors, clarified mobilization lists and third‑party adjuster contacts, and added language to give the district input on contractor selection for remediation work.
Board members also noted the market had swung since prior years, with premiums easing despite higher scheduled values — a shift the broker attributed to broader market conditions.
The motion to approve the RPA premium carried with five trustees voting yes, none voting no and one abstention. The district recorded the abstention but the transcript does not identify the abstaining trustee.