District Renews $55M Liability Policy with Federated Insurance
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Description
Cowlitz PUD renewed its district-wide liability and excess liability insurance for 2026 with Federated Rural Electric Insurance Exchange, capping premium costs at $1,093,424. The policy includes $55M in coverage and cash equity credits.
Contract Details
Contract Amount
Not to exceed $1,093,424 including broker fees and Federated cash equity payment
Vendor
FEDERATED RURAL ELECTRIC INSURANCE EXCHANGE
Agency
Cowlitz PUD, WA
Contract Type
INSURANCE
Document Date
January 27, 2026
Contract Term
Effective February 1, 2026 (annual renewal)
Renewal Date
2027-02-01
Renewal Info
Annual renewal. Coverage layers include main, excess (with/without wildfire). Equity/profit sharing benefit. Broker engagement included.
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