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Board approves TASB insurance coverage renewal; premium rises about $100,300
Summary
The board approved an agreement with the Texas Association of School Boards Risk Management Fund for workers' compensation, property, liability and auto insurance with a premium of $977,686, a $100,300 increase from the prior year.
The board approved an agreement with the Texas Association of School Boards (TASB) Risk Management Fund to provide workers’ compensation, property, liability, and fleet insurance for July 1, 2026, through June 30, 2027.
The minutes state the coverage is approved "with a premium of $977,686." The record notes an overall cost increase of $100,300 compared with fiscal year 2025–26, attributed to added property, higher property values, rising materials costs, and an increase in the severity of weather-related claims in Texas. The coverage listed in board materials includes property, auto (liability and physical damage), school liability, privacy and information security, violent acts, and workers’ compensation.
The agreement was included in the consent agenda and approved unanimously; no separate discussion or amendment was recorded in the minutes.
