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Mills County votes to raise excess liability coverage to $8 million
Summary
After a presentation from an insurance representative, the board voted to raise the county's excess liability coverage to $8 million and approved the premium adjustment discussed on the record, with staff directed to process the endorsement and budget for the change as needed.
An insurance presenter recommended Mills County increase its excess liability coverage beyond the current combined limit (General Liability plus excess) and explained premium impacts per incremental million of coverage. The board discussed budget considerations and moved to increase coverage to $8 million with the corresponding premium adjustment.
The presenter described per-million premium figures and explained the county would see a modest annual premium increase relative to existing coverage; board members discussed the option of phasing increments over multiple years but ultimately voted for the single-step increase to $8 million.
Board members asked county staff to identify how the additional premium will be distributed across department budgets and to process the endorsement through the county's insurance broker. Staff said they would check departmental allocations and, if needed, include the premium increase in a budget amendment.
The board approved the coverage increase and instructed staff to finalize the endorsement and return any budget adjustments for review, with staff noting the total premium would be processed before payment and recorded in finance files.
