Market Review of Municipal Insurance Program
The General Government Committee of Clarington met on November 25, 2019, where a report titled FND-031-19 regarding the Market Review of the Municipal Insurance Program was discussed. The committee resolved to inform the Durham Municipal Insurance Pool that Clarington will renew its insurance for the policy year from July 1, 2020, to June 30, 2021. Additionally, the resolution grants the Director of Finance the discretion to determine the timing of the next review of the Municipality's insurance program, with a maximum interval of five policy years between reviews. This decision is expected to influence municipal costs and services, although specific impacts were not detailed in the meeting minutes.