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Gilroy council approves updated municipal insurance pooling agreement
Summary
The Gilroy City Council unanimously adopted an amended joint-powers agreement with the Municipal Pooling Authority to maintain liability and property insurance coverage, formalizing governance and coverage updates staff said will preserve economies of scale for city insurance.
The Gilroy City Council unanimously adopted a resolution approving an amended and restated joint exercise of powers agreement with the Municipal Pooling Authority, a shared insurance risk pool, after a staff presentation and a brief roll call vote.
Leanne, the city’s HR director and risk manager, told the council the pool provides general liability, property, vehicle physical damage, crime and cyber coverages and that the revisions clarify member…
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