Agenda Item #15
Renew the School Board's Casualty Insurance Policies
The actual rate for the district's casualty insurance policies will be presented as soon as negotiations with the insurance carriers are completed. The total premium charge for policies commencing on July 1, 2009 was $642,672. We anticipate the 2010-11 renewal for these policies to be between the range of $639,018 to $689,971. We also anticipate the casualty-related policies will require the district to carry similar deductible terms as last year.
To grant the Superintendent authority to bind the School Board's Casualty insurance policies in an amount not to exceed $689,971 on or before July 1, 2010.
Information - 5/11/2010
Consent after Information5/25/2010
Authority for Action
Board Policy 8710
Involves Expenditure of Funds Directly in the Classroom
Source of Funding
Operating - Other
Mark Langdorf, Director of Risk Management, Ext. 620
Judy Preston, Associate Superintendent of Financial Services, Ext. 600