Schools recovery cost estimate decreased - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 23, 2019 Newswires
Share
Share
Post
Email

Schools recovery cost estimate decreased

Daily News (Jacksonville, NC)

Jan. 23--The latest cost estimate for hurricane recovery for Onslow County Schools is down considerably from the original estimate of $125 million in the first days after the storm.

An estimate of between $40 million and $50 million was provided during an update on hurricane recovery during Wednesday's workshop held by the Onslow County Board of Education.

OCS Chief Operations Officer Steve Myers said the latest update comes after assessments of damage of all the facilities following the initial remediation work to dry out and clean the schools.

The cost for remediation came in at $18.5 million, less than the $30 million projected in October as work was still ongoing.

Repairs to roof damage at many of the schools are estimated at $11.7 million to $16 million and repairs to school buildings at $7.9 million to $14 million.

Other estimates include: $400,000 for contents such as furniture and supplies; $715,000 for technology; $260,000 for food for cafeterias; $500,000 for professional services; and $80,000 for various business losses while schools were closed.

Myers said the estimates are based on insurance adjuster assessments as well as architect assessments of the schools with major damage.

The scope and estimates may still change as recovery work progresses but Myers said they hope to stay within the current estimate range.

"We don't think it will go beyond that," Myers said.

Myers said there can be changes.

The original estimate for White Oak High School campus from the Department of Public Instruction insurance was $188,446 and the updated estimate came in at $1.5 million.

Myers said the priority has been getting roofs repaired as well as classroom and instructional areas that still could not be used when school reopened.

White Oak High School's cafeteria reopened in January but it had 10 classrooms closed.

Northwoods Park Middle opened without use of its gym and six classrooms. Three classrooms and the gym were closed at Swansboro High School.

Dixon Elementary opened without use of its cafeteria and two classrooms and Swansboro Middle without the gym and auditorium.

A number of schools also have mobile classrooms that were damaged.

As work continues on repairs across the district, there are also projects that have been deferred to summer, including removal of asbestos under the flooring at the White Oak High cafeteria, resurfacing of floors of gyms already in use, Swansboro High construction bays, and floor stripping and painting of classrooms that are being used.

Myers said work is also ongoing on the funding side.

DPI insurance is the primary funding source for recovery efforts and continues to assess the scope of damage.

Myers said FEMA may cover damage not covered by insurance and can provide funds for mitigation to help prevent damage in future storms.

For instance, he said, while insurance may cover roof repairs using shingles, FEMA mitigation funds could pay the extra cost of a more durable roof structure.

Reporter Jannette Pippin can be reached at 910-382-2557 or [email protected].

___

(c)2019 The Daily News (Jacksonville, N.C.)

Visit The Daily News (Jacksonville, N.C.) at www.jdnews.com

Distributed by Tribune Content Agency, LLC.

Older

Physicians Realty Trust Announces 2018 Tax Reporting Information

Newer

NHI Announces Fourth Quarter 2018 Earnings Release and Conference Call Date

Advisor News

  • What advisors need to know about the life settlement boom
  • Report: Many Americans paying up to 45% of annual income on auto loans
  • Latest state budget raises taxes on Californians, ignores voter priorities
  • What advisors and clients must know about Roth conversions
  • Worker retirement confidence dips to lowest level in a decade
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
  • Why annuities are gaining traction with younger investors
  • Best’s Special Report: U.S. Life/Annuity Industry Sees Bottom-Line Growth Despite 18% Decline in Total Income in First-Quarter 2026
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Fortitude Re Completes $500 Million FABN Issuance
More Annuity News

Health/Employee Benefits News

  • Largest Medicaid pediatric provider sues DeSantis administration over pay rates
  • Research Conducted at University Medical Center Munster Has Updated Our Knowledge about Transgender Health (Longitudinal Trends of Health Service Utilization for Gender Dysphoria In Germany Between 2010 and 2021 Based On Health Insurance Data): Health and Medicine – Transgender Health
  • Karnes County renews employee health insurance benefits
  • Fresno’s Community Health System and Blue Shield end stalemate, reach new agreement
  • Goliad council delays engineering decisions, approves employee health plan renewal
More Health/Employee Benefits News

Life Insurance News

  • Roberts Disability Law Sues Unum Life Insurance Company of America on Behalf of Disabled Valero Refinery Operator for Allegedly Underpaying Long-Term Disability Benefits
  • Avoid the ‘summertime slump:’ Strategies to remain productive
  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
  • Symetra Partners with PlanSource to Streamline Workforce Benefits Administration
  • Royal Neighbors of America achieves record growth
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet