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Snake River board approves $151,326 insurance renewal with added cyber coverage
Summary
The Snake River School Board approved a 2025 insurance renewal for Moreton and Company totaling $151,326, shifting placement off ICRMP and adding cybersecurity coverage through APIP, Obsidian Specialty and AXA.
The Snake River School Board on July 23 approved the district’s 2025 insurance renewal with Moreton and Company at an annual premium of $151,326, moving coverage away from ICRMP and placing parts of the program with APIP, Obsidian Specialty Insurance Company and AXA. The motion to approve the premium was moved by Trustee Larin Mortimer and seconded by Trustee Josh Sorensen; the board voted 5-0 in favor.
Board minutes note the change in placement was presented as maintaining continuity of coverage while adding benefits, including cybersecurity protection. The coverage decision followed staff recommendations and a discussion of the carrier history; no dissenting votes were recorded. The insurance renewal action appears in the meeting record as a formal motion and vote (SEG 005).
