Mt. Pleasant City Commission Meeting Agenda Packet May 2026
City Renews MMRMA Liability Insurance Coverage
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Description
Mt. Pleasant will renew its liability and risk management insurance coverage with the Michigan Municipal Risk Management Authority for July 1, 2026 through July 1, 2027. The $286,408 renewal represents a 4% increase over the prior year and continues the city’s long-standing participation in the MMRMA pool.
Contract Details
Contract Amount
$286,408
Vendor
MICHIGAN MUNICIPAL RISK MANAGEMENT AUTHORITY (MMRMA)
Agency
City of Mount Pleasant, MI
Contract Type
INSURANCE
Document Date
May 11, 2026
Contract Term
July 1, 2026 – July 1, 2027
Renewal Date
2027-07-01
Renewal Info
One-year renewal of existing MMRMA coverage; premium increased 4% year-over-year due to property and general liability exposure changes. Future renewals will continue to draw on the established retention fund exceeding $600,000.
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