City of Red Deer Audit Committee Agenda Packet May 20 2026
City Renews Primary Liability Coverage With Linx
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Description
The City of Red Deer renewed its primary Commercial General Liability insurance with Linx Underwriting for March 1, 2026 to March 1, 2027. The renewal carries a 3% rate increase driven by a 74% loss ratio and recent claim experience.
Contract Details
Vendor
LINX UNDERWRITING
Agency
City of Red Deer, Canada
Contract Type
INSURANCE
Document Date
May 20, 2026
Contract Term
March 1, 2026 – March 1, 2027
Renewal Date
2027-03-01
Renewal Info
Incumbent CGL insurer retained for the 2026–2027 term with a modest rate increase due to loss experience; excess layers follow form of this primary policy.
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