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Council approves Berkley insurance renewals; stop-loss rate rises 9%

Jerseyville City Council · February 9, 2025
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Summary

Jerseyville approved stop-loss insurance renewal and a captive contingent quote with Berkley Accident and Health for 2026; the minutes note a 9% increase in the stop-loss renewal rate.

The Jerseyville City Council approved renewal of stop-loss insurance with Berkley Accident and Health for Jan. 1–Dec. 31, 2026, and separately approved a renewal of a captive contingent quote with Berkley for the same term. Commissioner Steve Pohlman moved approval of the stop-loss renewal, Commissioner Anthony Steckel seconded; the renewal was recorded as carrying a 9% increase in rate from the previous year.

Commissioner Jennifer Graklanoff moved approval of the captive contingent quote and Commissioner Anthony Steckel seconded; both motions passed unanimously on roll call. The minutes do not provide the dollar amounts associated with the renewals.