The Myers Agency submitted 2026–27 renewal proposals to the Town of Lapel for its commercial package policy including auto, excess liability (umbrella), workers’ compensation, and a new cyber liability policy. The total traditional insurance renewal premium is proposed to increase from 72965 to 90074 (about 23%) due to rate changes, additional autos and equipment, and an increased workers’ compensation modification factor from a large 2025 loss. The agency is also proposing a new cyber liability policy providing up to 1000000 in coverage with no deductible for 4177 annually, or 3777 with a 2500 deductible.Myers is seeking council approval to instruct carriers to process the renewals, bind the cyber liability coverage, and pay the premiums in full, so the primary placement decision is effectively in progress with an incumbent broker. This is useful intelligence for insurance and risk-management vendors interested in future rebids, loss-control services, cyber incident response, and safety/training offerings that align with the town’s elevated loss experience and new cyber risk posture.

Workers’ comp is with IPEP, which applied a 20% credit despite a mod factor increase to 1.38 after a significant injury loss; auto fleet and equipment have recently expanded; town is adding cyber coverage for the first time.