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INSURANCEAPPROVED

city-of-st-francis-city-council-regular-meeting-agenda-august-4-2025_8e2.pdf

City affirms LMCIT liability coverage limits

City of St. FrancisLEAGUE OF MINNESOTA CITIES INSURANCE TRUSTAugust 4, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of St. Francis confirmed its liability insurance arrangement with the League of Minnesota Cities Insurance Trust by electing not to waive statutory tort liability limits for the current coverage term. This maintains existing premium structures and preserves Minnesota statutory liability caps.

Contract Details

Vendor

LEAGUE OF MINNESOTA CITIES INSURANCE TRUST

Agency

City of St. Francis, AR

Contract Type

INSURANCE

Document Date

August 4, 2025

Contract Term

Coverage year 2025-08-04 onward (annual decision)

Renewal Date

2026-08-04

Renewal Info

Statutory tort limit waiver decision is required annually by the governing body for LMCIT coverage.

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