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Posts tagged #MunicipalInsurance

Citizen Portal News Ohio

@citizenptnewsoh.bsky.social

2 weeks ago

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Parma law director cites market insurance pressures as claims fund jumps to $1.33 million Law Director Tuma told council the proposed 2026 claims fund would increase to about $1.33 million, attributing most of the rise to higher municipal insurance premiums and noting Parma Codified Ordinance 104.02 requires a minimum annual allocation to the claims account.

Parma's law department is facing a significant budget increase, with claims funding soaring to over $1.3 million due to a tightening insurance market—what does this mean for the city's future finances?

Click to read more!

#OH #MunicipalInsurance #LegalExposure #CitizenPortal #BudgetAllocation

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Citizen Portal News Washington

@citizenptnewswa.bsky.social

1 month ago

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Cowlitz County weighs leaving risk pool, considers Alliant broker and RFP timing Risk management reported double‑digit premium increases and recommended seeking brokerage proposals; staff said Alliant produced competitive quotes and that a March–April RFP would yield live numbers for a 2027 transition, while commissioners debated an RFP versus direct negotiation.

Cowlitz County is considering a major shift in its insurance strategy after facing double-digit premium hikes, with a potential new broker on the horizon that could save taxpayers money!

Learn more here

#CowlitzCounty #WA #MunicipalInsurance #CowlitzCountyRiskManagement #CitizenPortal

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