Perry Village renews property and casualty insurance policy for 2023 [The News-Herald, Willoughby, Ohio]
Jan. 17—Perry Village Council has authorized the renewal of an insurance plan that provides property and casualty coverage for the community's government.
Council, at its
"This represents a
Joslin also wrote that all buildings and content limits in the policy had been increased by a 4 percent inflation factor. Adjustments also were made for changes in the village government's annual payroll.
In addition, Joslin said that based on this year's risk control evaluation, the village was being offered a quote to increase coverage to the
He advised that the village accept the proposed
Council agreed to include the additional building coverage in its policy, but decided against paying an extra premium for earthquake coverage.
In other legislative action, council:
—Approved the reappointment of
—Approved the reappointment of
Hager also serves as
Council also heard first readings of several resolutions. These measures, which will likely receive the maximum three readings before being voted on by council included:
—Appointing John and
—Authorizing the mayor to take all action needed for the village to participate in the 2023 Northeast Ohio Public Energy Council Community Event Sponsorship Program.
Through this program, NOPEC awards financial grants to government entities to sponsor community events that offer free admission.
—Authorizing the village to pay a
Financial subsidies are sought each year from
___
(c)2023 The News-Herald (Willoughby, Ohio)
Visit The News-Herald (Willoughby, Ohio) at www.news-herald.com
Distributed by Tribune Content Agency, LLC.


Bermuda Risk Summit 2023 Kick-off Will Feature Premier’s Keynote and Global CEO Panel
NMI Holdings, Inc. to Announce Fourth Quarter and Full Year 2022 Financial Results on February 14, 2023
Advisor News
- Wealth planning vs. estate planning: Honoring your client’s wishes
- What to discuss during the first retirement planning meeting
- Inflation, competing priorities and uncertainty erode retirement security
- As health premiums rise, 1 in 8 workers cut retirement savings
- CT governor’s candidates claims: What’s true, and what’s misleading
More Advisor NewsAnnuity News
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
- How flexible annuities fit today’s retirement portfolios
- Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity NewsHealth/Employee Benefits News
- In Miami-Dade court, health insurer fights an order to cover $48,500 cancer drug
- Fed judge blocks Medicaid work requirement rule
- Health insurers leave millions unpaid for mental health crisis care in California
- Commissioner places Mending Health in conservatorship
- PA-08 DEBATE: ROB BRESNAHAN VOTED TO STRIP MORE THAN 21,600 CONSTITUENTS OF THEIR HEALTH INSURANCE WHILE ENRICHING HIMSELF
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Insignia Life S.A. de C.V.
- FINANCIAL FRAUD
- Security Benefit Announces Planned Dividend Rate Reset for Series B Preferred Stock
- Palmetto Heritage and Atlantic Coast Life Announce Discussions Regarding Potential Acquisition
- Jury finds insurance company acted in bad faith, awards Nebraska woman $11.3M
More Life Insurance News