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Huron board approves town insurance renewal with roughly 7.5% premium increase
Summary
The Huron Town Board adopted Resolution #25-2025 to renew its insurance with Mead and Malloy Agency, accepting a roughly 7.5% increase in premiums; the motion passed unanimously on Feb. 25, 2025.
The Huron Town Board voted to renew the town’s insurance package with Mead and Malloy Agency, adopting Resolution #25-2025 on Feb. 25, 2025. Councilmember Tom Wetherby moved the approval, Councilmember Bob Cahoon seconded, and the motion carried AYES 5 NAYS 0.
The board discussed the renewal terms reported by Councilmember Wetherby, who said Trident Insurance Company had offered competitive premium renewals and that the renewal reflected changes to the business automobile policy and inland-marine (equipment-schedule) coverage; the minutes note the renewal represents an approximate 7.5% increase from last year. Town staff who assisted with the quotation review were thanked in the meeting record.
