Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Claim Your Spot

Get email alerts on the Insurance topic

No spam. Unsubscribe anytime.

Cairo approves NYMIR renewal after staff warned of insurance increases

Town Board of the Town of Cairo · August 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Town Board authorized renewal of a NYMIR municipal insurance policy not to exceed $135,064.39 after Marshall & Sterling representatives explained about roughly $10,000 in increased vehicle and building insurance costs and the need to renew within 30 days.

The Cairo Town Board on Aug. 4, 2025 authorized the Supervisor to sign a New York Municipal Insurance Reciprocal (NYMIR) renewal proposal for a one-year term beginning Aug. 4, 2025, not to exceed $135,064.39 (Resolution No. 2025-149).

Representatives from Marshall & Sterling attended the meeting to explain insurance cost increases. Minutes record "about a $10,000 increase due to increasing vehicle and building insurances" and that the renewal must be completed within 30 days to avoid a lapse in coverage.

The motion to accept and sign the NYMIR proposal was offered by Supervisor Watts and seconded by Council Member Cords and carried with all present members voting aye; Council Member Flaherty was absent. The renewal amount and the 30-day renewal window were recorded in the resolution.

CivIQMessage your representative