Board approves new 2026'27 insurance package after reviewing competing bids
June 19, 2026 | Mercer County, School Boards, Kentucky
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The board reviewed comparative insurance proposals for the 2026'27 year and voted to approve a package through Blue Ridge/Bluegrass Risk Management.
The presenters cited three bids during the discussion: Liberty Mutual (renewal cited at approximately $638,365, not including the new elementary school), Blue Ridge Risk Management (approx. $428,791, including the new elementary school) and Obsidian (approx. $570,845). Board discussion focused on premium differences, coverage limits and deductibles. One board member pointed out that the roughly $210,000 premium difference could free funds for other district needs.
Board members also discussed cyber coverage limits and options to purchase additional cyber protection. The board proceeded with a motion to approve the Blue Ridge/Bluegrass Risk Management package for the 2026'27 insurance year; the motion was seconded and carried on a roll-call vote.
The board asked staff to monitor deductibles and any midterm changes and to report back to the board if coverage requirements or district needs change.
The presenters cited three bids during the discussion: Liberty Mutual (renewal cited at approximately $638,365, not including the new elementary school), Blue Ridge Risk Management (approx. $428,791, including the new elementary school) and Obsidian (approx. $570,845). Board discussion focused on premium differences, coverage limits and deductibles. One board member pointed out that the roughly $210,000 premium difference could free funds for other district needs.
Board members also discussed cyber coverage limits and options to purchase additional cyber protection. The board proceeded with a motion to approve the Blue Ridge/Bluegrass Risk Management package for the 2026'27 insurance year; the motion was seconded and carried on a roll-call vote.
The board asked staff to monitor deductibles and any midterm changes and to report back to the board if coverage requirements or district needs change.
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