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Insurance Policyapproved

city-of-cleghorn-meeting-minutes-2025-06-10_92e.pdf

Cherokee County renews IMWCA insurance policy

$30,206.00City of CleghornIOWA MUNICIPALITIES WORKERS COMPENSATION ASSOCIATION IMWCAJune 10, 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

Renewal of the Iowa Municipalities Workers Compensation Association (IMWCA) insurance policy for 2025/2026 at a premium of $30,206.00. The county's total premium for workman's compensation insurance decreased by $37,597.00 due to a previous large employee payout falling off the claims history which decreased the mod factor from .95 to .65 in addition to a 25% discount for longevity and loss experience.

Contract Details

Contract Amount

$30,206.00

Vendor

IOWA MUNICIPALITIES WORKERS COMPENSATION ASSOCIATION IMWCA

Agency

City of Cleghorn, IA

Contract Type

Insurance Policy

Document Date

June 10, 2025

Contract Term

2025/2026

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