Bossier Parish Police Jury Insurance Committee Notice
The committee scheduled a meeting to discuss insurance coverage for the upcoming year with a representative from the Alera Group.
Police Juror District 10 at Bossier Parish
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The committee scheduled a meeting to discuss insurance coverage for the upcoming year with a representative from the Alera Group.
The committee discussed an update regarding the Captive Insurance Feasibility Study and reviewed annual insurance renewal options with Travelers Insurance. Three specific policy options involving varying deductible levels were analyzed to address rising insurance costs and potential self-insurance strategies. The committee ultimately moved to approve option three, which increases the General Liability self-insured retention deductible to $250,000, aiming to generate cost savings and begin building reserves for future claim payments.
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The board discussed a variety of agenda items including public hearings on property tax assessment protests and zoning amendments, as well as property condemnation proceedings. Key operational approvals included change orders for several infrastructure projects such as the Frank Staton Boulevard Extension, East Highland Raw Water Line, and parish road improvements. The board also adopted a proclamation for National Scenic Byway Day and acknowledged a city annexation ordinance. Additionally, the finance committee heard budget appropriation requests from several organizations, including Volunteers for Youth Justice, The Arc Caddo-Bossier, the North Louisiana Economic Partnership, Robinson's Rescue, and the Bossier Chamber of Commerce.
The committee will convene to receive an update from the Alera Group and address any other business matters that may come before the committee.
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