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Trustees approve InsureSource contract amid questions about premiums and deductibles

Village of University Park Board of Trustees · December 10, 2025
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 board authorized a property/casualty and workers' compensation agreement with InsureSource; staff said a 22% premium increase appears in the packet and that higher-retention options could lower premium but manager said she had not had time to fully review broker options.

Trustees authorized execution of an agreement with InsureSource for property, casualty and workers’ compensation insurance after questions from trustees about deductibles and premiums.

The village manager said the packet included deductible details but that she had not had a full broker meeting to form a recommendation. A staff…

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