Trustees approve renewal of property/casualty and workers’ compensation coverage through Nevada pool

The Carson City School District Board of Trustees voted June 24 to renew its property and casualty insurance coverage with the Nevada Public Agency Insurance Pool and to purchase excess workers’ compensation through Star Insurance Company for July 1, 2025–June 30, 2026.

The board approved a total program cost not to exceed $959,633.21, a self‑insurance bond not to exceed $5,400 and an excess workers’ compensation policy not to exceed $78,500.

Why it matters: district staff and trustees said the insurance market in Northern Nevada is under pressure — particularly for property, commercial auto and sexual abuse/molestation coverage — and praised the pool for securing broad limits and competitive pricing for the district.

What presenters said
Wayne Carlson, executive director of the Nevada Public Agency Insurance Pool, told trustees the pool retained a $300 million per‑occurrence property limit, preserved earthquake and flood sublimits and maintained a $10 million liability limit for members. Carlson noted the pool’s long relationships in the Lloyd’s market helped the pool negotiate terms despite a challenging marketplace.

“Carriers are writing less and less limits,” a broker advised during the presentation, noting especially strained capacity for abuse and molestation coverage; the broker praised the pool for obtaining stable limits at competitive rates.

Budget impact and board action
Superintendent Filling told the board the district’s premium for the program year will be roughly $7,000 less than the prior year and about $50,000 under the amount budgeted due to the pool’s negotiated pricing.

Trustee Barnard moved approval of the renewal; Trustee Roberts seconded. There was no public comment. The board voted and the motion carried.

What wasn’t decided: no changes to the district’s coverage were directed by the board at the meeting; staff and the pool said they would continue program and risk management activities, including passive network assessments and other loss‑prevention services.