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Council advances switch to Ohio Plan for village insurance to gain cyber and replacement-value coverage
Summary
Council members voted to move the village's liability insurance to the Ohio Plan after a presentation from the chair explaining that the plan would add required cyber coverage, broader replacement-value protections for fire apparatus and coverage for malicious acts.
The council voted to adopt the Ohio Plan as the village's liability insurance provider after a presentation from the chair outlining gaps in the village's existing coverage.
The chair said the Hyland Group and the village's long-standing agent recommended the Ohio Plan because it would provide cyber insurance required by state law and expand…
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