The $77,396 policy is in addition to policies approved in April to provide property, casualty and liability insurance coverage for all employees, elected officials and assets of the city.
Those earlier contracts include a $1,028,109 policy with GIRMA payable through Arthur J. Gallagher & Co. for property, casualty and management liability insurance with an additional $34,274 for cyber insurance through Coalition, $3,613 for drone liability insurance through Global Aerospace and $2,860 for flood insurance through Assurant.
Clinton Mora is a reporter for Trending Insurance News. He has previously worked for the Forbes. As a contributor to Trending Insurance News, Clinton covers emerging a wide range of property and casualty insurance related stories.