Penn-Harris-Madison School Corporation Agenda Regular Meeting 2026-06-22
Liberty Mutual Property & Casualty Coverage Renewal Recommended
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Description
The administration recommends renewing the district’s Property and Casualty insurance coverage with Liberty Mutual for July 2026 through July 2027 as part of a multi-carrier risk management program totaling $1,123,024. The renewal represents a 7.28% increase over last year while maintaining comprehensive coverage.
Contract Details
Vendor
LIBERTY MUTUAL
Agency
Penn-Harris-Madison School Corporation, IN
Contract Type
INSURANCE
Document Date
June 22, 2026
Contract Term
July 2026 – July 2027
Renewal Date
2027-07-01
Renewal Info
Annual renewal as part of ongoing multi-year relationship; 2026-2027 premium reflects Liberty Mutual increase of 7.28%, lower than recent prior-year increases.
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