The Breadon Group Provides Rate Stabilization Agreement
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Description
The Breadon Group agrees to provide rate stabilization for a period of 3 years for the City of Sault Ste Marie, MI, following the 2022-2023 Renewal Term. The agreement includes coverage for various liabilities and requires the insured to maintain a loss ratio of 35% or less for a maximum rate increase of 3%.
Contract Details
Contract Amount
NA
Vendor
BREADON GROUP
Agency
City of Sault Ste. Marie, MI
Contract Type
Insurance
Document Date
July 1, 2022
Contract Term
3 years
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