Edina Public Schools Board Work Session Agenda May 2025
MIST Property and Liability Insurance Renewal Reviewed
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Description
Edina Public Schools reviewed the proposed 2025–26 renewal of its property, casualty, and liability insurance with the Minnesota Insurance Scholastic Trust, reflecting a 19% premium increase or $203,466 over the prior year. The cooperative self-insurance program continues to provide risk coverage and potential shared savings among member districts.
Contract Details
Contract Amount
Increase of $203,466 over prior year (19.0 percent increase)
Vendor
MINNESOTA INSURANCE SCHOLASTIC TRUST (MIST)
Agency
Edina Public School District, MN
Contract Type
INSURANCE
Document Date
May 20, 2025
Contract Term
July 1, 2025 to June 30, 2026
Renewal Date
2026-06-30
Renewal Info
Ongoing annual renewal of the district’s property, casualty, and liability insurance contract with MIST, originally awarded in December 2015. The 2025–26 renewal features a 19% premium increase; future renewals will depend on market conditions and loss experience.
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