Michigan Village Could Lose Liability Insurance Coverage
A small village in Saginaw County, Mich., is facing the prospect of losing its insurance coverage following issues including a number of lawsuits against its officials and police chief.
The Saginaw News reports the lawsuits and mounting legal costs have drawn the attention of the village of Oakley’s insurance provider, the Michigan Municipal League. It plans to drop the policy for the community of about 300 when it expires July 1.
The Michigan Municipal League says the decision is based in part on frequency of claims.
The policy covers the police department, village officials, vehicles, the Village Hall and more from civil claims, property damage and other liability. A new policy could cost Oakley upward of $100,000 a year, which is nearly 10 times the current rate.
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