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Council hears two insurance bids, schedules special meeting to decide

Mayor and City Council of the City of Osmond, Nebraska · September 8, 2025

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Summary

Sealed proposals for municipal commercial insurance were opened; LARM quoted $56,228 for a three-year commitment and Highstreet Insurance quoted $57,533 annually. Council set a special meeting for Sept. 15 to decide.

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At the start of the Sept. 8 meeting the council opened sealed proposals for the city's commercial insurance. Luke Altwine of LARM presented a three-year premium option of $56,228; Lisa Schmit of Highstreet Insurance presented an annual premium of $57,533. The vendor New Frontier did not submit a proposal by the 5:00 p.m. deadline.

Council requested one week to review the submissions and set a special meeting for Monday, Sept. 15 at 7:45 a.m. to make a final selection. No formal award was made at the Sept. 8 meeting.

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