City of Boston City Council Order of Business April 29 2026
BPS Continues Bus Liability Coverage With Obsidian Specialty
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Description
Boston Public Schools has secured school bus auto liability coverage from Obsidian Specialty Insurance Company under a policy effective June 30, 2025 to June 30, 2026. The coverage costs approximately $3.3 million per year, with renewal for FY2027 underway and no lapse between the prior and current insurers.
Contract Details
Contract Amount
$3.3M annually (FY2025–FY2027 projected)
Vendor
OBSIDIAN SPECIALTY INSURANCE COMPANY
Agency
City of Boston, MA
Contract Type
INSURANCE
Document Date
April 29, 2026
Contract Term
6/30/2025 – 6/30/2026 (current FY26 policy); renewal for FY2027 underway
Renewal Date
2026-06-30
Renewal Info
Current policy effective June 30, 2025 to June 30, 2026 at about $3.3M annually; renewal for FY2027 is underway and BPS does not anticipate challenges.
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