Monroe City School Board Insurance Committee Meeting Monday, June 8, 2026 5:15 p.m.

The Monroe City School Board Insurance Committee met on June 8, 2026, to review and discuss the 2026 insurance program renewal. The committee received a detailed presentation from Gallagher representatives, highlighting a favorable renewal with an overall premium decrease of approximately $300,000 compared to the previous year. Key procurement-related discussions included options for lowering property insurance deductibles from $250,000 to $25,000, which would increase premiums by about $92,000 but still result in a net savings of around $200,000. The committee also discussed increases in auto liability premiums due to an uptick in the number of insured vehicles, including buses. Additionally, the committee approved motions to adopt the lower deductible insurance option and to pursue free safety training programs offered by the insurance provider to reduce risk and potentially lower future premiums. These decisions reflect strategic procurement and risk management efforts to optimize insurance coverage and costs for the school district.