District considers renewal with LARM risk pool

INSURANCE

Commitment options ranging from termination no sooner than September 30, 2027 through September 30, 2029, with required 90- or 180-day advance written termination notice

Resolution 2026-01 outlines renewal conditions with options: (1) 180-day termination notice with termination no sooner than September 30, 2029 (3-year commitment, 5% discount); (2) 180-day notice, termination no sooner than September 30, 2028 (2-year, 4% discount); (3) 180-day notice, termination no sooner than September 30, 2027 (no multi-year commitment, 2% discount); (4) 90-day notice, termination no sooner than September 30, 2029 (3-year commitment only, 2% discount); (5) 90-day notice, termination no sooner than September 30, 2028 (2-year commitment only, 1% discount); (6) 90-day notice only. Actual option selected and current coverage end date are not specified.

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