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INSURANCERENEWED

conejo_valley_unified_school_district_board_meetin.md

Stop-loss health insurance renewal with Berkshire Hathaway approved

Estimated $1,688,527 annual premium + $1.2m exempt claim + $41,154 gene therapy coverageConejo Valley UnifiedBERKSHIRE HATHAWAY SPECIALTY INSURANCENovember 19, 2025

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Description

The Board renewed its stop-loss insurance with Berkshire Hathaway Specialty Insurance for July 1, 2025 through June 30, 2026, with an estimated $1.69 million premium plus additional costs for an exempt claim and gene therapy coverage. The agreement protects the district's self-insured health plan above a $300,000 deductible.

Contract Details

Contract Amount

Estimated $1,688,527 annual premium + $1.2m exempt claim + $41,154 gene therapy coverage

Vendor

BERKSHIRE HATHAWAY SPECIALTY INSURANCE

Agency

Conejo Valley Unified, CA

Contract Type

INSURANCE

Document Date

November 19, 2025

Contract Term

July 1, 2025 through June 30, 2026

Renewal Date

2026-06-30

Renewal Info

Annual renewal of stop-loss coverage including updated terms, one exempt high-cost claim at $1.2m, and added gene therapy coverage.

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