The McCreary County Record reports that the McCreary County Board of Education recently awarded its insurance contract for property and workers’ compensation coverage to the Kentucky School Board Insurance Trust (KSBIT), previously administered by the Kentucky School Board Association (KSBA), but recently taken over and presently run by the insurance arm of the Kentucky League of Cities (KLC). KSBIT, tendering the lowest of two bids considered, was awarded the contract by unanimous vote of the board.
View previous OUCH! posts on the KSBIT/KLC merger:
From October 2009: KSBIT in merger talks with KLC
From December 2009: KLC lends a hand to KSBIT