Agenda Item #45
Renew the School Boards 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, 2008 was $711,718. We anticipate the renewal for these policies between the ranges of $692,002 to $765,827. We anticipate that 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 $765,827 on or before July 1, 2009.
Information - 5/26/2009
Consent after Information6/16/2009
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 616
Judy Preston - Associate Superintendent of Financial Services - Ext 600