[SchoolFinance] Insurance
Hollis Cobb
hollis.cobb at gorhamschools.org
Fri Feb 6 11:54:39 EST 2026
I'm sorry to hear you had the same experience, Barbara! We will be going
out to bid as well.
Hollis Cobb, Business Manager
Gorham School Department
75 South Street, Suite #2
Gorham, ME 04038
207-222-1003
On Fri, Feb 6, 2026 at 11:45 AM Barbara Grindle <barbara.grindle at rsu34.org>
wrote:
> We had the same experience Hollis. They under-bid MSMA so the first year
> was cheaper but have gone up each year since. We've had some minor
> additions throughout those years but also took off a small school this
> year. I've asked for an estimate for my budget for next year and they
> said it would be around 10%. I will be going out to bid next year.
>
> Good luck.
>
> Barb
>
>
> Fiscal Year Carrier Premium $ Increase % Increase
> 2026 Cross/Liberty Mutual $ 129,485.00 $
> 16,454.00 14%
> 2025 Cross/Liberty Mutual $ 113,031.00 $
> 14,251.00 14%
> 2024 Cross/Liberty Mutual $ 98,780.00 $
> 21,164.00 27%
> 2023 Cross/Liberty Mutual $ 77,616.00 $
> -16,706.00 -21%
> 2022 MSMA $ 94,322.00
>
>
>
>
>
>
>
> On Fri, Feb 6, 2026 at 11:25 AM Krol, Gabrielle <gabrielle.krol at msad52.org>
> wrote:
>
>> This is AMAZING information and quite helpful.
>>
>> On Fri, Feb 6, 2026 at 11:23 AM Hollis Cobb <
>> hollis.cobb at gorhamschools.org> wrote:
>>
>>> Hello,
>>>
>>> Gorham changed from MMA to Cross Insurance/Liberty Mutual in 2018 and
>>> have seen pretty significant increases ever since. I noted two years
>>> with large increases due to additional square footage through a school
>>> expansion project.
>>>
>>> One of the things I miss the most is MMA always held the premium rate
>>> during a year, even if we added insured value during the year. They would
>>> adjust for it in the next year, but never in the middle of the year. That
>>> is not the case now as I get adjustment invoices throughout the year when a
>>> change is made. Good luck, I hope this helps.
>>>
>>>
>>> Fiscal Year Carrier Premium $ Increase % Increase
>>> 2026 Cross/Liberty Mutual $ 269,428.00 $
>>> 14,582.00 6%
>>> 2025 Cross/Liberty Mutual $ 254,846.00 $
>>> 43,319.00 20% *Elementary school expansion
>>> 2024 Cross/Liberty Mutual $ 211,527.00 $
>>> 58,116.00 38% *Elementary school expansion
>>> 2023 Cross/Liberty Mutual $ 153,411.00 $
>>> 25,832.00 20%
>>> 2022 Cross/Liberty Mutual $ 127,579.00 $
>>> 23,703.00 23%
>>> 2021 Cross/Liberty Mutual $ 103,876.00 $
>>> 13,317.00 15%
>>> 2020 Cross/Liberty Mutual $ 90,559.00 $
>>> 3,716.00 4%
>>> 2019 Cross/Liberty Mutual $ 86,843.00 $
>>> 19,843.00 30%
>>> 2018 MMA $ 67,000.00
>>>
>>> Cumulative 9 year increase $202,428.00 302%
>>>
>>> The numbers speak for themselves. Good luck, I hope this helps!
>>>
>>> Hollis Cobb, Business Manager
>>> Gorham School Department
>>> 75 South Street, Suite #2
>>> Gorham, ME 04038
>>> 207-222-1003
>>>
>>>
>>> On Fri, Feb 6, 2026 at 10:04 AM Krol, Gabrielle <
>>> gabrielle.krol at msad52.org> wrote:
>>>
>>>> Good Morning,
>>>>
>>>> I am sending this out one more time in hopes of getting a few more
>>>> responses for information to take back to my board.
>>>>
>>>> Our board is interested in understanding which districts have switched
>>>> from or to MSMA for insurance over the last several years and what the
>>>> increase or decrease in your premiums has been as a result. They are
>>>> interested in learning that if the change has resulted in lower costs
>>>> regardless of the company you have switched to/from. Also, any pros/cons
>>>> you are willing to share.
>>>>
>>>> I am hoping to get the name of your carrier and what that overall
>>>> increase/decrease was.
>>>>
>>>> Hope everyone has a wonderful weekend!
>>>>
>>>> On Tue, Jan 27, 2026 at 7:41 AM Krol, Gabrielle <
>>>> gabrielle.krol at msad52.org> wrote:
>>>>
>>>>> Good Afternoon,
>>>>>
>>>>> Our board is interested in understanding which districts have switched
>>>>> from or to MSMA for insurance over the last several years and what the
>>>>> increase or decrease in your premiums has been as a result. They are
>>>>> interested in learning that if the change has resulted in lower costs
>>>>> regardless of the company you have switched to/from. Also, any pros/cons
>>>>> you are willing to share.
>>>>>
>>>>> I am hoping to get the name of your carrier and what that overall
>>>>> increase/decrease was.
>>>>>
>>>>> I appreciate your time with this- insurance is a heavy lift for our
>>>>> districts and the time it takes to go to bid is quite a commitment.
>>>>>
>>>>> We have been extremely happy with our insurance with MSMA, however the
>>>>> board does not work directly with them so they want to make sure the cost
>>>>> is appropriate.
>>>>>
>>>>> Thanks so much!
>>>>> Gabby
>>>>>
>>>>>
>>>>> --
>>>>> Gabrielle Krol
>>>>> Business Manager
>>>>> MSAD 52
>>>>> 486 Turner Center Road
>>>>> Turner, ME 04282
>>>>> 207-225-1006
>>>>>
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>
>
>
> --
> Business Manager
> RSU#34
> Alton, Bradley and Old Town
> 207-827-7171 x 3
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