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        	<item>
		<title>Ashland City council selects Public Risk Insurors for liability &#038; property</title>
		<link>https://111things.com/insurance/ashland-city-council-selects-public-risk-insurors-for-liability-property/</link>
					<comments>https://111things.com/insurance/ashland-city-council-selects-public-risk-insurors-for-liability-property/#respond</comments>
		
		<dc:creator><![CDATA[Brian Bateman]]></dc:creator>
		<pubDate>Mon, 29 Jun 2026 00:21:05 +0000</pubDate>
				<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Local Headlines]]></category>
		<category><![CDATA[Ashland City TN]]></category>
		<category><![CDATA[Budgets & taxes]]></category>
		<category><![CDATA[City Council]]></category>
		<category><![CDATA[Local government finance]]></category>
		<category><![CDATA[Municipal Insurance]]></category>
		<guid isPermaLink="false">https://111things.com/?p=922524</guid>

					<description><![CDATA[Ashland City TN—June 23 special called meeting: council voted to select Public Risk Insurors for property and liability; FY 2027 premium listed at $393,515.]]></description>
										<content:encoded><![CDATA[<p>Ashland City Council held a special called meeting on June 23, 2026 to decide the town’s next insurance-provider selection for major risk coverage.</p>
<p>At the meeting, council selected <strong>Public Risk Insurors</strong>—with the resolution action specifically tied to the town’s <strong>property and liability</strong> insurance coverage. The agenda for the same meeting framed the discussion as “Insurance Discussion for Liability, Property, &amp; Workers Compensation,” meaning workers compensation was part of what council discussed even though the resolution action was for property and liability coverage.</p>
<h2>What council approved June 23</h2>
<p>In the meeting minutes, council documents a motion to “select Public Risk Insurors.” The motion passed with <strong>all members voting “yea”</strong> (Mayor Gerald Greer and Council members Tim Adkins, Nicole Binkley, Chris Kerrigan, Michael Smith, Kevin Thompson, and Tony Young).</p>
<h2>FY 2027 premium listed for property and liability</h2>
<p>The resolution packet includes the key budget datapoint residents may want to track: it states the <strong>FY 2027 policy premium would cost $393,515.00</strong>.</p>
<p>That premium figure is presented in the resolution selecting Public Risk Insurors as the provider of the town’s property and liability insurance coverage—so it is the number tied to this action for FY 2027.</p>
<h2>Budget context noted in the packet</h2>
<p>The same council packet also includes budget discussion context. In that discussion, finance staff explained that a revised projected deficit was reduced from earlier estimates due to a spreadsheet error involving duplicated insurance expenses in several departments.</p>
<h2>What to watch next</h2>
<p>With the June 23 vote completed, residents who follow municipal finances may want to watch upcoming regular council agenda items for any follow-ups connected to insurance implementation and budgeting. The city’s meeting page also lists the next regularly scheduled City Council meeting for <strong>July 14, 2026</strong>.</p>
<h2>Sources</h2>
<ul>
<li><a href="https://www.ashlandcitytn.gov/citycouncil/meeting/special-called-city-council-meeting-30" rel="nofollow noopener" target="_blank">Ashland City Council meeting page (June 23 special called meeting)</a></li>
<li><a href="https://mccmeetings.blob.core.usgovcloudapi.net/ashlandtn-pubu/MEET-Agenda-85a44e95c079429da0cbcd20137a78ca.pdf" rel="nofollow noopener" target="_blank">June 23 special called council agenda (PDF)</a></li>
</ul>
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