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Insurance representative recommends Demorest keep Apex for workers' compensation as premium drops
Summary
At the Jan. 6 Demorest work session, Jimbo Floyd of Turner, Wood & Smith recommended renewing the city's workers' compensation with Apex Insurance after the premium fell from $51,789.00 to $37,353.00 (excluding the fire department). The presentation was informational; no vote was recorded.
Jimbo Floyd, a representative of Turner, Wood & Smith, presented the City of Demorest's 2026 workers' compensation policy renewal at the council work session on Jan. 6 and recommended continuing coverage with Apex Insurance.
Floyd told council the city's previous premium was $51,789.00 and that the renewal premium is $37,353.00, excluding coverage for the fire department. The policy renewal is effective Jan. 1, 2026, and Floyd framed the lower premium as a budgetary benefit.
The presentation was informational; the transcript records no formal motion or vote on the policy during the work session. Council members did not record a decision on the record at that meeting.
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