Power Insurance awarded county’s insurance policy

By Michael Schaffer - Managing editor

November 20, 2009 12:04 pm

— Power Insurance of Moravia, with a three-year bid of $147,548, was awarded the county’s insurance policy Monday by a 3-0 vote by the supervisors, beating out Sales and Associates of Moulton, the company currently servicing the policy, who submitted a bid of $148,924. The Appanoose County Board of Supervisors rebid the county’s property and liability insurance policy every three years.
Cost Savings Insurance of Moulton submitted a bid of $153,637 without terrorism and $155,032 with terrorism, but it was immediately rejected by Chairman Dean Kaster as too high.
The supervisors are scheduled to hold a special meeting Monday at 10 a.m. in the boardroom to meet with a Continental Western Insurance representative, the company Jerry Power said had a A-plus rating.
The award of the insurance policy to Power Insurance was contingent on the company matching everything in the county’s current policy with Sales and Associates without increasing its bid. Something Jerry Power said his company could do.
In other action, the supervisors voted 3-0 to terminate a 28E agreement the county and city entered into in 2004. That agreement called for the city of Centerville to extend the sewer south to the Manhattan Restaurant without a cost to the county for the next five years.