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Gadsden County School Board Minutes School Board Financial Workshop 2026-04-28

Board Reviews Draft FSBIT Insurance Renewal Terms

Gadsden County School DistrictFLORIDA SCHOOL BOARDS INSURANCE TRUSTApril 28, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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Description

The Gadsden County School Board reviewed draft 2026–2027 insurance renewal terms from the Florida School Boards Insurance Trust, including optional excess liability limits and new SAM coverage, with projected savings of about $101,000 over the prior year. Final selections on coverage options and rates will be made at a special board meeting in early May 2026.

Contract Details

Vendor

FLORIDA SCHOOL BOARDS INSURANCE TRUST

Agency

Gadsden County School District, FL

Contract Type

INSURANCE

Document Date

April 28, 2026

Contract Term

2025–2026 to 2026–2027 policy year

Renewal Info

Insurance renewal under FSBIT for the 2026–2027 policy year is in draft form, with options for excess liability and SAM coverage to be selected at a special meeting. The renewal reflects reduced premiums due to favorable loss experience and includes lower Alliant and FSBIT fees.

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