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Oak Ridge reviews and accepts 2024-25 liability and property coverage renewal
Summary
Mayor Al Rudin reported the city's 2024-2025 liability and property insurance renewal was approved as presented, with the mayor noting that insurance rates have been trending up across providers.
Mayor Al Rudin reported that the city's liability and property insurance renewal for 2024-25 was reviewed and approved during the Sept. 9 meeting. "Mayor spoke and indicated it is approved as is. The rate is the rate, and insurance rates to all companies/policies have been trending up," the minutes state.
The minutes present the item as informational, with the mayor indicating acceptance of the renewal terms. The record does not include a recorded motion or roll-call vote for this item; the minutes do not list premium amounts or the insurer by name.
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