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INSURANCEAPPROVED

Mayor and City Council of Cumberland Agenda July 2025

LGIT Selected for FY26 Insurance Coverage

Not to exceed $482,208Housing Authority of the city of CumberlandLOCAL GOVERNMENT INSURANCE TRUST (LGIT)July 15, 2025

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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

Description

Council approved the insurance package from Local Government Insurance Trust (LGIT) for FY26 at a cost not to exceed $482,208, covering liability and property needs.

Contract Details

Contract Amount

Not to exceed $482,208

Vendor

LOCAL GOVERNMENT INSURANCE TRUST (LGIT)

Agency

Housing Authority of the city of Cumberland, MD

Contract Type

INSURANCE

Document Date

July 15, 2025

Contract Term

FY26

Renewal Date

2026-06-30

Renewal Info

Annual insurance package; subject to renewal each fiscal year upon council approval.

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