City Continues $1.2M Insurance With Tokio Marine
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Description
The City of Portland continues its insurance coverage with Tokio Marine, totaling approximately $1.2 million through 2025, as referenced in the council’s financial discussions. Council members reviewed the cost in connection with audits, grants, and federal funding compliance.
Contract Details
Contract Amount
$1.2 million
Vendor
TOKIO MARINE
Agency
City of Portland, IN
Contract Type
INSURANCE
Document Date
April 20, 2026
Contract Term
through 2025
Renewal Date
2025-12-31
Renewal Info
Insurance coverage is in place through 2025; renewal or rebid will be required before the end of the 2025 policy year.
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