INSURICA signs transit insurance services agreement
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Description
INSURICA Insurance Services LLC entered into a one‑year, auto‑renewing services agreement effective February 1, 2026 to broker and manage the City of St. Joseph’s Mass Transit insurance program, with total premiums and TPA fees of $369,503.43. The agreement covers coverage management, risk financing consulting, and coordination with carriers and third parties.
Contract Details
Contract Amount
Included within insurance premiums and fees; combined insurance cost $369,503.43
Vendor
INSURICA INSURANCE SERVICES LLC
Agency
City of St. Joseph, MO
Contract Type
INSURANCE
Document Date
January 20, 2026
Contract Term
Initial contract term one year beginning February 1, 2026, auto-renewing annually
Renewal Date
2027-02-01
Renewal Info
Initial contract term is one year from February 1, 2026 and automatically extends in 12‑month increments unless terminated by either party with 90 days’ written notice or for breach after a 10‑day cure period.
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