District to Exit Madison National Benefits Contract
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Description
The Durand-Arkansaw School District plans to terminate its existing benefits contract with Madison National, incurring an estimated $3,000 breach‑of‑contract penalty. The change will allow the district to switch to Standard for 2026‑27 while still realizing net savings.
Contract Details
Contract Amount
Approximate $3,000 penalty for breach of contract
Vendor
MADISON NATIONAL
Agency
Durand School District, WI
Contract Type
INSURANCE
Document Date
April 15, 2026
Renewal Info
Existing benefits agreement is being terminated early due to award of 2026-27 coverage to another carrier; no renewal is anticipated.
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Durand School District Board of Education Meeting Agenda March 2026
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