The county is paid up through Aug. 1 on its insurance, Cooper said. Cooper said Neace Lukens will approach eight insurance carriers for bids on property and casualty insurance, and would be happy to get five responses.
“If you create competition, you get better prices,” Cooper said.
But Stephenson said he’d like to take it a step further and have several insurance companies soliciting bids for the county.
“Why don’t we open it up to everybody to come in to give a proposal?” Stephenson asked.
Perkins said that there’s a process to getting bids for insurance, and one of them is appointing an agent of record.
“It would be a free-for-all if 14 different small companies — some of the larger companies may not even bid,” Perkins said.
“I’ll take that bet. Let’s do it,” Stephenson said.
“I’ll bet you a nickel,” Perkins said.
“I’ll bet you $100,” Stephenson retorted.
The process of obtaining insurance through a contractual agent of record is flawed, Stephenson said.
The commissioners gave the Neace Lukens representatives permission to proceed in gathering information.