Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Insurance topic
No spam. Unsubscribe anytime.
Seguin ISD approves TASB Risk Management coverage; premium rises $107,034 to $877,386
Summary
The board approved a contract with the Texas Association of School Boards Risk Management Fund for workers' compensation, property, liability and fleet coverage from July 1, 2025, to June 30, 2026, with a total premium of $877,386 — $107,034 higher than 2024-25.
Seguin ISD approved an agreement with the Texas Association of School Boards (TASB) Risk Management Fund to provide workers' compensation and property, liability and fleet insurance for the 2025–26 policy year. The board recorded the premium at $877,386, an increase of $107,034 compared with last year.
According to the meeting materials presented to the board, the increase in premiums is attributable to added property (coverage scope), higher property valuations, rising material costs, and increased severity and cost of weather-related claims in Texas. The coverage package listed in the consent item includes property, auto liability and physical damage, school liability, privacy and information security coverage, violent acts coverage, and workers' compensation. The district approved the TASB agreement as part of the consent agenda vote.
