INSURANCEONGOING

LMCIT projected to increase Red Wing insurance premiums

Red Wing’s preliminary 2027 budget assumes a 5% increase in property, casualty, and workers’ compensation premiums based on projections from the League of Minnesota Cities Insurance Trust. LMCIT continues to provide core risk management coverage for the City.

Document date · August 3, 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

Scope & details

The full contract record, as filed.

Contract type
INSURANCE
Contract term
2027 (projected)
Renewal
The policy is expected to renew with approximately a 5% premium increase for 2027, but specific renewal dates or multi-year terms are not provided.
Document type
StaffReport
Source document
City of Red Wing StaffReport City Council Preliminary 2027 Budget Workshop 2026-08-03

Related contracts

Other contracts from League of Minnesota Cities Insurance Trust (lmcit).

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Red Wing?

League of Minnesota Cities Insurance Trust (lmcit) was awarded this insurance contract by City of Red Wing, as recorded on August 3, 2026.

What type of contract is this?

This is a Insurance contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Red Wing StaffReport City Council Preliminary 2027 Budget Workshop 2026-08-03 (StaffReport), dated August 3, 2026 from City of Red Wing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does League of Minnesota Cities Insurance Trust (lmcit) hold?

League of Minnesota Cities Insurance Trust (lmcit) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View League of Minnesota Cities Insurance Trust (lmcit)'s profile

What is City of Red Wing currently buying?

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