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Brevard board approves 2026–27 property and terrorism insurance renewal after last‑minute negotiations save about $1.3 million
Summary
The Brevard School Board approved renewal of the district's 2026–27 property, boiler/machinery and terrorism/sabotage insurance after Arthur J. Gallagher presented market outcomes; board members pressed staff to provide future renewals at least 45 days before expiration to allow fuller review and negotiation.
The Brevard School Board approved the 2026–27 renewal of the district's property, boiler/machinery and terrorism/sabotage insurance at a special meeting on April 23, 2026, following a presentation from Arthur J. Gallagher and discussion about procurement timing.
Board members praised the broker team for driving down the district's cost and said the current placement represents a notable savings from earlier quotes. One participant said the negotiations reduced expected costs by roughly $1.3 million — an amount the speaker described as "equivalent to 15 positions or more." The district's current quoted rate was noted in the discussion as about $0.23 per square foot.
Terry Stu…
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