Town of Palm Beach Defined Contribution Plan Committee Meeting Agenda March 2026
Fiduciary Liability Insurance Renewed with Hudson Insurance Company
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Description
The Town of Palm Beach Defined Contribution Plan Committee approved renewal of its fiduciary liability insurance with Hudson Insurance Company for $7,326.54, covering the period from March 12, 2026 to March 12, 2027. The policy provides a $2 million aggregate liability limit for fiduciary acts of plan officials.
Contract Details
Contract Amount
$7,326.54
Vendor
HUDSON INSURANCE COMPANY
Agency
Town of Palm Beach, FL
Contract Type
INSURANCE
Document Date
March 6, 2026
Contract Term
March 12, 2026 – March 12, 2027
Renewal Date
2027-03-12
Renewal Info
Annual renewal since 2020. Twelve (12) month extended reporting period available for 100% of annual premium upon termination. Policy is subject to endorsement schedule and state amendments. Policy brokered through Arthur J. Gallagher & Co.
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