NCFPD expects $190,000 of annual savings from insurance carrier switch
Last updated 6/8/2022 at 4:35pm
Village News Reporter
The North County Fire Protection District expects to save approximately $190,000 annually from the May 24 NCFPD board vote to switch insurance carriers from the Special District Risk Management Authority to the Emergency Services Insurance Program.
The change in insurance carriers was approved on a 4-0 board vote with David Kennedy absent. The fire district had been using SDRMA for insurance since the late 1980s, but that is a pooled insurance carrier with nearly 500 public agencies, so losses by other pool members have resulted in an increase of more than...