District Plans Exit from Hampshire County Insurance Trust
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Description
Franklin County Technical School is ending its participation in the Hampshire County Insurance Trust effective July 1, 2026, while retaining responsibility for claims incurred through June 30, backed by about $305,720 on deposit. The change is part of a broader shift to a captive insurance program to control premium increases.
Contract Details
Vendor
HAMPSHIRE COUNTY INSURANCE TRUST
Agency
Franklin County Regional Vocational Technical, MA
Contract Type
INSURANCE
Document Date
April 8, 2026
Contract Term
Through June 30, 2026 (district leaving effective July 1, 2026)
Renewal Date
2026-07-01
Renewal Info
Participation in the trust will terminate effective July 1, 2026; remaining funds on deposit will cover run-out claims. No renewal is planned as the district is transitioning to a new insurance arrangement.
More from HAMPSHIRE COUNTY INSURANCE TRUST
Issuing Agency
School
Turners Falls, MA
More from Franklin County Regional Vocational Technical
Franklin County Technical School District Committee Minutes April 8 2026
Franklin County Technical School District Committee Minutes April 8 2026
Franklin County Technical School District Committee Minutes April 8 2026
Franklin County Technical School District Committee Minutes April 8 2026
franklin-county-regional-vocational-technical-budget-2026-07-01_e51.pdf
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