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Committee hears insurance updates: cooperative membership increases liability coverage; student accident insurance expanded
Summary
Officials said the district joined an insurance cooperative (transcribed as 'click') expanding liability coverage to $35 million, adding nurse triage for employee injuries, and implementing districtwide student accident coverage with limits cited up to $7 million, with reported savings of roughly $400,000–$500,000 from prior costs.
The committee received an informational update on the district’s commercial insurance program and student coverage.
Michael Engel reported the district joined a cooperative (name transcribed at the meeting as "click") for property/casualty and workers' compensation insurance. Engel said the cooperative provides about $35,000,000 in liability coverage, lowers deductibles for common losses and brings added services such as nurse triage to assist injured staff.
Engel also said the cooperative arrangement resulted in districtwide student accident coverage that no longer requires family opt‑in or payment; the presenter cited a coverage limit of up to $7,000,000 for student accidents. Engel reported the change yielded substantial premium savings compared with the previous year, saying the district’s cost fell from roughly $1.335 million to about $813,000 (a savings the presenter described as close to $500,000; another speaker summarized the savings as approximately $400,000).
The presenter said the cooperative will focus its first year on loss control and cost drivers and may place staff and nurse trainers on site for additional support. The committee received the report for information; no vote was taken at the meeting.
