Edina Public Schools School Board Work Session Agenda May 2026
MIST Property and Liability Insurance Renewal Down 13.75%
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Description
Edina Public Schools will continue its property, casualty, liability, and cyber coverage through the Minnesota Insurance Scholastic Trust for July 1, 2026 to June 30, 2027, at an estimated cost of $1,099,030. The renewal reflects a 13.75% decrease from the prior year due to the cooperative’s pooled self-insurance structure and favorable pricing.
Contract Details
Contract Amount
$1,099,030 (estimated total program contribution on a maximum cost basis for 2026–2027)
Vendor
MINNESOTA INSURANCE SCHOLASTIC TRUST MIST
Agency
Edina Public School District, MN
Contract Type
INSURANCE
Document Date
May 19, 2026
Contract Term
July 1, 2026 to June 30, 2027
Renewal Date
2027-06-30
Renewal Info
Ongoing annual renewal of the MIST cooperative property, casualty, liability, and cyber program originally awarded in December 2015; current 2026–2027 contribution decreases by 13.75% compared to prior year and will be invoiced with final premiums.
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