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Three Rivers ISD approves $106,782 one-year insurance renewal with McGriff

Three Rivers ISD Board of Trustees · June 16, 2025
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Summary

At its June 16 meeting, the Three Rivers ISD board approved a one-year insurance renewal with McGriff Insurance Agency for property, windstorm and equipment coverage, with a $106,782 premium and $25,000,000 total insured value.

The Three Rivers ISD Board of Trustees voted June 16 to renew property, windstorm and equipment insurance with McGriff Insurance Agency for a one-year policy beginning July 1, 2025. Trustee Darrell Pullin moved to approve "McGriff Insurance Agency Option 1 and one-year renewal of insurance with McGriff Insurance Agency for the policy period beginning July 1, 2025 with a total premium of $106,782 and Total Insured Value of $25,000,000," and Trustee Rick Sowell seconded the motion, which passed 7-0.

Board discussion leading to the vote focused on maintaining full coverage across school property and equipment. The approval authorizes the district to bind the specified coverage for the 2025-26 policy year; no additional premium breakdown or underwriting amendments were recorded in the meeting minutes.