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Angleton ISD renews property insurance at $2.07M and liability/auto coverage at $124,552
Summary
The board approved a $2,070,200 property insurance renewal with McGriff Seibels & Williams (a 12.2% decrease) and liability and auto insurance through PCAT for $124,552; both measures passed unanimously.
Angleton ISD officials presented and the board approved two insurance renewals at the March 17 meeting: property (including windstorm) coverage with McGriff Seibels & Williams for $2,070,200 and liability and auto coverage through PCAT for $124,552.
Director of Finance Connie Cox requested approval of the property insurance renewal, noting the proposed premium represents a 12.2% decrease. The board approved the renewal after a motion by Justin Journeay and second by Michael Stroman. Cox then presented liability and auto insurance through PCAT for $124,552, which the board approved following a motion by Journeay and second by Dana Tolbert. Both items passed unanimously.
Financial impact figures and the negotiators were provided in the presentation; the board preserved documentation among permanent records.
