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Lubbock ISD rebids property insurance, wins lower premium and higher capacity
Lubbock ISD Board of Trustees · March 13, 2026
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Summary
District staff reported a new property and equipment insurance contract effective April 1 that reduces the annual premium by about $1 million while increasing margin capacity and maintaining coverage for insured values above $1.5 billion.
LUBBOCK — The district’s payroll and risk management director told trustees March 12 that a competitive rebid for property and equipment insurance produced lower premiums and increased capacity to cover new construction.
Lisa Thompson,…
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