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USD 489 property/casualty insurance provider may change

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The Hays school district’s insurance broker is recommending USD 489 join the new Kansas Educational Risk Management Insurance Pool.

By BECKY KISER
Hays Post

Hays USD 489 board members will meet in a special meeting at 7 a.m. Friday, April 17, to consider approval of changing the school district’s property/casualty insurance provider from EMC to the new Kansas Education Risk Management Insurance Pool.

Cost comparison information was presented by a representative of Assurance Partners, the school district’s insurance broker, during the board’s Monday night work session.

Fourteen Kansas school districts, including Osborne USD 392, are expected to participate as charter members of the new KERMIP which requires a two year commitment.

The Assurance Partners representative told the board USD 489 could expect “broader coverage” and a “premium savings of $33,436” in FY 16.

The deadline to sign up for the state insurance pool is 5 p.m. Friday.

If board members decline to make the change, the broker said she will “continue to work with EMC but there will be no cost reduction” for the school district. Other options would also be pursued.

The district’s insurance policy expires July 1, 2015.

Friday morning’s special meeting starts at 7 a.m. in the Toepfer Board Room, 323 W. 12th Street.

See the agenda here.

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