City of Coral Gables Insurance & Risk Management Board Meeting Minutes January 2026
Berkley maintains public entity package coverage
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Description
Berkley continues to provide the City of Coral Gables’ public entity package coverage for the 2025-2026 term at a premium of $617,000, reflecting exposure growth. The Board reviewed this package as part of its broader Property & Casualty renewal strategy for the coming year.
Contract Details
Contract Amount
$617,000 package premium for 2025-2026
Vendor
BERKLEY
Agency
City of Coral Gables, FL
Contract Type
INSURANCE
Document Date
January 23, 2026
Contract Term
05/01/2025 – 05/01/2026
Renewal Date
2026-05-01
Renewal Info
Annual package policy renewing May 1 each year; go-to-market strategy for commercial package is marked as “Yes” for the upcoming 2026-2027 renewal, indicating an intention to market the coverage though no decision was taken at this meeting.
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