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County approves liability insurance renewal

At a hastily called special meeting held on May 27, the St. Charles County Council voted to allow for the county‚Äôs liability insurance needs to be awarded to Munich Reinsurance America, a major provider of property and casualty reinsurance.  

The meeting was deemed necessary because it involved a major business decision, along with a concomitant expenditure of money, and, thus met the conditions necessary for an open public meeting. The decision on the topic fell to the requisite minimum number of council members. By parliamentary rules, four members of the council had to be present before any council business could be undertaken. Three council members were absent from the proceedings. 

County Director of Administration Jo Anne Leykam explained the particularities of the issue to the council and the spectators. She noted that insurance costs for municipalities and counties are rising quickly, especially costs associated with insuring police and public safety departments. She also noted that the county finance department recommended that the county accept the $508,344 bid submitted by Munich RE, which the four attending council members unanimously did.

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