Tuscaloosa Litigation And Insurance Committee Meeting - Mar 31, 2026

Insurance and Litigation Committee · March 31, 2026

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Flood insurance renewal for Tuscaloosa Rivermarket

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Scott reported the annual flood insurance premium for the Tuscaloosa Rivermarket rose from $11,423 last year to $13,528 this year (about a $2,100 increase). He said private coverage is not available and the policy is through the National Flood Insurance Program. A motion to approve the renewal was moved and seconded and the committee voted to adopt the resolution.

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Actions:action insurance renewal rivermarket

The committee approved renewal of flood insurance for the Tuscaloosa Rivermarket after a premium increase; members also discussed producing a confidential-safe list of pending litigation and scheduled a June 30 follow-up meeting to review upcoming renewals.

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Transcript

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