City of Long Branch Insurance Fund Commission Regular Meeting Agenda March 2026
City Renews Membership In Statewide Insurance Fund
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Description
The City of Long Branch will renew its participation in the Statewide Insurance Fund for Fund Year 2026 with a total annual assessment of $2,326,974 covering workers compensation and auto liability. Resolution R-232-25 authorizes this renewal in the statewide joint insurance pool.
Contract Details
Contract Amount
Total Annual Assessment $2,326,974 (WC $1,416,098; AL $910,876)
Vendor
STATEWIDE INSURANCE FUND
Agency
City of Long Branch, NJ
Contract Type
INSURANCE
Document Date
March 25, 2026
Contract Term
Fund Year 2026
Renewal Date
2026-12-31
Renewal Info
City renews membership in the Statewide Insurance Fund for Fund Year 2026 via Resolution R-232-25; participation and assessments are typically established on an annual basis.
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