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Storey County approves FY27 liability coverage with $25,000 deductible
Summary
The Board approved a renewal of liability and casualty insurance for FY27 with a $25,000 deductible and an annual premium not to exceed $778,814.48; county staff said the change reflects updates proposed by the insurer and broker.
Storey County Commissioners on June 16 approved renewal of the county’s liability and casualty insurance through the Nevada Public Agency Insurance Pool for fiscal year 2026–27, setting a $25,000 deductible and capping the annual premium at $778,814.48. Comptroller Jennifer McCain presented the renewal and said staff and brokers reviewed proposed coverage changes before recommending approval.
Jared Rossi of LP Insurance and Wayne Carlson described proposed coverage adjustments and cost implications during the presentation. "This was the renewal of county insurance for 2027," McCain said, and the motion to approve the renewal passed 2–0 with Commissioner Donald Gilman absent. The action was taken as a routine fiscal item and does not change the county’s previously adopted budget appropriations for the year.
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