Annual renewal of the District's Property/Casualty/Active Assailant Insurance policies

Annually, the District undergoes a comprehensive analysis of its current insurable property and personnel.  Our broker (Arthur J. Gallagher) obtains competitive quotes based on current insurance trends and needs for the next fiscal year.  The goal is to obtain the best coverage possible while maintaining a manageable budget for the coverage.  This year, the policy includes renewal for Property, General Liability, Auto Liability, School Leaders including Employment Practices Liability, Worker's Compensation, Crime, Cyber Risk, Boiler & Machinery, Storage Tank Liability, and Active Assailant Liability.

It is standand operating practice to negotiate and present insurance renewals for approval based on needs, trends, and financial availability.

2015-2016 = $1,200,697

2016-2017 - $1,040,615

2017-2018 - $1,045,627

2018-2019  $1,095,983

Superintendent's recommendation of Option 1 for the 2018-2019 Property & Casualty Insurance Program.

The district ensures fiscal responsibility and equitable distribution of resources.

For discussion