Committee recommends renewing liability and workers'comp insurance with IML after 1% increase
City staff reported that Worthy Insurance declined to quote and Travelers's late submission left IML as the timely option; IML offered continuation of current coverage with a 1% premium increase through 2026, and the committee recommended approval.
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The joint Insurance and Finance Committee recommended renewing Waterloo's liability and workers'compensation insurance policy with the Iowa Municipal League (IML) after the carrier offered to continue the city's existing coverage with a 1% premium increase through 2026.
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