City of Salem Awards Insurance Contract to Chaney & Karch Agency (April 2024)
City of SalemCity · AR- Disclosed value
- 4% premium increase ($10,693), aggregate claims liability 11.71% ($120,918), overall increase $136,351 annually
- From meeting minutes
- Approved
- Apr 1, 2024
The 30-second brief
The City Council approved Option A for the 2024 health insurance premium renewal through Chaney and Karch Agency. This maintains coverage with $136,351 in increased annual costs due to claims trends, effective immediately.
Chaney & Karch Agency holds this insurance contract with City of Salem. Its other public contracts on record include work for Town of Salamonia and New Salem village.
Term as filed: One year (annual health insurance renewal, effective 2024).
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Insurance
- Amount
- 4% premium increase ($10,693), aggregate claims liability 11.71% ($120,918), overall increase $136,351 annually
- Document date
- April 1, 2024
- Term
- One year (annual health insurance renewal, effective 2024)
- Vendor
- Chaney & Karch Agency
- Agency
- City of Salem
- Source document
- city-of-salem-meeting-minutes-2024-04-01_01b.pdf (Meeting Minutes)
Chaney & Karch Agency's other public contracts
More City of Salem contracts
Questions about this contract
Who was awarded the insurance contract by City of Salem?
Chaney & Karch Agency was awarded this insurance contract by City of Salem, as recorded on April 1, 2024. The contract value is 4% premium increase ($10,693), aggregate claims liability 11.71% ($120,918), overall increase $136,351 annually.
How much is the Chaney & Karch Agency contract with City of Salem worth?
The Chaney & Karch Agency contract with City of Salem is valued at 4% premium increase ($10,693), aggregate claims liability 11.71% ($120,918), overall increase $136,351 annually, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-salem-meeting-minutes-2024-04-01_01b.pdf (Meeting Minutes), dated April 1, 2024 from City of Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 1 more question
What is City of Salem currently buying?
Explore City of Salem's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.