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County insurance premiums rise about 7%; cyber coverage contingent on MFA by August 1
Summary
Risk manager Steve Lapp recommended renewing county coverage with TAC with an overall premium increase of about 7%; property premium and auto physical damage rose, and staff said multi-factor authentication must be implemented to retain full cyber liability limits, targeting implementation by Aug. 1.
Steve Lapp presented the county’s insurance-renewal report and recommended continuing coverage with the Texas Association of Counties program. He said the overall premium is roughly 7% higher than last year, noting that property premium increased from about $489,000 to $538,000 and that deductibles remain $25,000 (except $50,000 for wind/hail).
Lapp emphasized cyber-liability conditions: county coverage for ransomware is reduced by half if multi-factor authentication (MFA) is not implemented. Staff reported an implementation target of Aug. 1 for MFA, and the court approved the renewal and asked staff to pursue required cyber controls to retain full coverage limits.
"The renewal is coming up July 1, so we will need approval for to renew the coverage for July 1," Lapp said; commissioners approved the renewal 5–0 and asked staff to coordinate TAC’s visit to present driver-safety and other loss‑control programs.
