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Paradise ISD approves $343,121 property and casualty proposal from RMC
Summary
The board approved a Risk Management Cooperative of Texas proposal for property and casualty coverage for 2025–26 at $343,121 with a minimum $250,000 deductible; SchoolComp said it cannot offer coverage this year.
The Paradise Independent School District board voted to accept a proposal from the Risk Management Cooperative of Texas for property and casualty insurance covering the 2025–26 school year. Superintendent Robyn Gibson reported SchoolComp informed the district it does not have adequate district participation to offer coverage this year, and RMC submitted a proposal totaling $343,121 with a minimum $250,000 deductible and a maximum 2% TIV deductible per building.
"The quarterly Ideal Impact report…showed a quarterly savings of $8,404.15," Gibson said during the superintendent's report prior to the insurance discussion, then outlined the follow-up with insurance providers. Phil Erickson moved to approve the RMC proposal; Landon Smith seconded. The motion carried 6–0. The board record shows the motion as approved with six votes in favor and Dr. Shannon Caddell absent.
