Get email alerts on the Insurance topic
No spam. Unsubscribe anytime.
Board accepts BancFirst/COMP Risk Management bid for workers' compensation at $98,500
Summary
Superintendent told the Noble Board a combined workers' compensation bid from BancFirst Insurance and COMP Risk Management arrived at $98,500 after the agenda was posted; the Board approved those vendors for 2026–27 coverage.
During new business Superintendent Frank Solomon told the Board that a workers' compensation insurance bid from BancFirst Insurance and COMP Risk Management had been received after the agenda was posted and that the lowest bid totaled $98,500. The Board subsequently voted to approve BancFirst Insurance and COMP Risk Management for workers' compensation coverage for the 2026–2027 school year.
"Superintendent Solomon informed the Board of a Workers’ Compensation Insurance bid for the 2026-2027 school year that came in from Banc First Insurance and COMP Risk Management at the lowest bid of $98, 500, after the agenda was posted," the minutes state. The motion to approve the vendors for coverage passed with Mrs. Wendy Barnes moving and Mr. Randy Sheppard seconding; recorded vote 3–0 with two absent.
The minutes do not include the vendor contract terms, the premium breakdown, nor whether the award replaces an existing carrier; administration noted the bid arrived after the agenda was posted. The Board approved the award as presented.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
