INSURANCEPENDING

Township considers $50,000 property damage settlement release

The Township Council will consider authorizing a release agreement with State Farm Indemnity Company tied to Douglas M. Holler in exchange for a $50,000 property damage policy-limit payment. The action would settle related property damage claims under the insurer’s policy.

Status
PENDING
Document date
December 16, 2025
Contract type
INSURANCE
Vendor
State Farm Indemnity Company
Agency
Township of Parsippany-Troy Hills · NJ

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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

Scope & details

The full contract record, as filed.

Contract amount
$50,000
Contract type
INSURANCE
Contract term
one-time settlement payment
Renewal
This is a one-time release and settlement; no renewals or extensions are anticipated.
Document type
Agenda
Source document
Township of Parsippany-Troy Hills Council Agenda 2025-12-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Township of Parsippany-Troy Hills?

State Farm Indemnity Company was awarded this insurance contract by Township of Parsippany-Troy Hills, as recorded on December 16, 2025. The contract value is $50,000.

How much is the State Farm Indemnity Company contract with Township of Parsippany-Troy Hills worth?

The State Farm Indemnity Company contract with Township of Parsippany-Troy Hills is valued at $50,000, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Township of Parsippany-Troy Hills Council Agenda 2025-12-16 (Agenda), dated December 16, 2025 from Township of Parsippany-Troy Hills. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State Farm Indemnity Company hold?

State Farm Indemnity Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View State Farm Indemnity Company's profile

What is Township of Parsippany-Troy Hills currently buying?

Explore Township of Parsippany-Troy Hills's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Township of Parsippany-Troy Hills's profile

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