149.25.B1 Workers' Compensation Excess Insurance

The Howard County Public School System has awarded a contract to Safety National Casualty Corporation for workers' compensation excess insurance. The contract is for a term of 2 years, from July 1, 2025 to June 30, 2027, with a total contract spending authority of $358,542. The contract is funded by the school system's budget authority, with $170,000 approved in the FY26 Budget and a budget amendment of $6,623 to satisfy the remaining contract cost. The contract is for excess insurance to cover the school system's workers' compensation needs, with a self-insured retention level of $600,000. • The contract is for a term of 2 years • The total contract spending authority is $358,542 • The contract is funded by the school system's budget authority • The contract is for excess insurance to cover the school system's workers' compensation needs • The self-insured retention level is $600,000