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, 2010 was $600,436. We anticipate renewal for these policies will range between $600,436 to $640,542. 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 $640,542 on or before July 1, 2011.
Consent w/o Information - 6/14/2011
Authority for Action
Board Policy 8710
Involves Expenditure of Funds Directly in the Classroom
Source of Funding
Operating - Other
Mark D. Langdorf, Director, Office Of Risk Management, Ext. 620
Attachment: Casualty Insurance Renewal Projection.pdf