Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Insurance Agreement topic
No spam. Unsubscribe anytime.
Board ratifies ASB property and liability trust fund agreement amid premium questions
Summary
The board approved joining the ASB Property and Liability Trust Fund; members asked about premium increases (one speaker referenced a page with a higher premium than last year) and whether coverage includes lawsuits against the district or employees.
Board members voted to adopt and ratify participation in the ASB Property and Liability Trust Fund agreement. During discussion one member noted the premium figure appears higher than last year: 'Page 1... that's up from, like, 90,000 last year.' Staff responded they would check coverage scope and specifics on lawsuit coverage.
Members asked whether the trust covers 'lawsuits and all that' and staff said it 'basically covers everything' with umbrella coverage but agreed to verify specific coverage details and follow up with more information for the board.
