Civic IQ
INSURANCEAPPROVED

City of Houston City Council Meeting Agenda March 17, 2026

Palms Insurance to cover Houston First leased properties

Portion of total $3,707,898.58 HFC program premiumCity of Houston cityPALMS INSURANCE COMPANY LTDMarch 17, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Houston accepted Palms Insurance Company, Ltd.’s proposal to provide property insurance capacity within the layered program for Houston First Corporation leased properties (excluding the GRB) for the April 2026–April 2027 term.

Contract Details

Contract Amount

Portion of total $3,707,898.58 HFC program premium

Vendor

PALMS INSURANCE COMPANY LTD

Agency

City of Houston city, TX

Contract Type

INSURANCE

Document Date

March 17, 2026

Contract Term

April 1, 2026 to April 1, 2027

Renewal Date

2027-04-01

Renewal Info

One-year participation in the HFC property insurance tower.

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