| Document type | memo |
|---|---|
| Date | 2025-05-27 |
| Source URL | https://go.boarddocs.com/wv/booneboe/Board.nsf/files/DH4LNH57238F/$file/Letter%20from%20Ferrell%20and%20Hill%202026.pdf |
| Entity | boone_county_schools (Boone Co., WV) |
| Entity URL | https://www.boonecountyboe.org/en-US |
| Raw filename | Letter%20from%20Ferrell%20and%20Hill%202026.pdf |
| Stored filename | 2025-05-27-776e0e01f5f12ea4e555d69fa46436df-memo.txt |
Parent document: REVISED (Removed 6.12 CIS and 6.16 Prof. Dev. - Regular Meeting - Meeting #34-06-02-2025.pdf
Ferrell QHill INSURANCE AGENCY tc Commercial « Personal « Life » Health www.FerrellandHill.com (304) 369.1111 phone (866) 949.4117 tol free (304) 369.4010 tex 492 Main Street PRO. Box 277 Madison, WV 25130 May 27, 2025 Boone County Board of Education 69 Avenue B Madison, WV 25130 Re: 2025-2026 Workers Compensation Renewal Thank you for continuing to choose Ferrell & Hill Insurance and USI Insurance Services to be Boone County Board of Education’s workers compensation agent. We have worked together to market your policy to find the best fit workers compensation carrier. US| approached Travelers and Work Partners about quoting this year. But at this time neither quoted because they believed their pricing would not be competitive when compared to what Encova has offered. Good news this year is that your losses have improved greatly when compared to previous years. The current year has seen a total of $26,387.32 in losses compared to the 23-24 policy period having $320,799.94 in losses. The hope is that this trend continues, which will in turn help to lower pricing going forward. But at this time pricing is up slightly with an increase of 6.75%. We continue to recommend Encova because of their long-standing partnership, local risk control, and pricing. If you have any questions or concerns, please let me know. ifjcerely yy “1D Chris Parker, CIC Vp) Stac Partner Senior Vice President Ferrell & Hill Insurance Agency, LLC USI Insurance Services, LLC Yours Truly, Partner