Get email alerts on the Insurance topic
No spam. Unsubscribe anytime.
County approves $568,479.27 insurance renewal with Nevada Public Agency Insurance Pool
Summary
Commissioners approved payment of $568,479.27 to renew coverage with the Nevada Public Agency Insurance Pool for fiscal 2026–27; PoolPact representative highlighted a 1.79% premium increase, higher property limits and expanded cyber liability coverage.
Lander County approved the renewal proposal and payment of $568,479.27 to Nevada Public Agency Insurance Pool for fiscal 2026–27 coverage. Alan Kalt, chief financial officer for PoolPact, reviewed coverage changes including increased property limits and cyber liability adjustments and said the premium increase was 1.79%.
Kalt noted coverage shifts and financial performance that resulted in improved investment returns for some members and pointed to a $25,000 maintenance deductible. "The key highlight is that your maintenance deductible is $25,000 The increase in coverage was 1.79%," Kalt said. Commissioners accepted the renewal and voted to approve the payment.
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.
