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CWC insurance up, but increase relatively small

Sep 20, 2015 By Katie Roenigk, Staff Writer

The cost for property and liability insurance at Central Wyoming College went up by about $3,600 this year, to about $282,500.

Ron Granger, CWC's vice president of administrative services, said the majority of the increase - about $2,000 - was due to the construction of the school's new Lander center, combined with additions to the Professional Technical building in Riverton that created more space for welding and auto programs.

The premium price includes athletic accident and athletic umbrella policies but not employee health, disability, dental, vision and life insurance coverage, Granger said.

The rate was set for Oct. 1, 2015, through Sept. 30, 2016.

"It's pretty remarkable to get that small of an increase in the current climate of insurance," CWC Board of Trustees chair Colton Crane said during a regular meeting Wednesday.

CWC's insurance company is Tegler and Associates.

Cyber insurance

Granger said he is looking into cyber insurance for the college this year.

"That's kind of a new thing we need to have because there have been several colleges hacked into," he said.

"There are (many) different kinds of policies you can have. We're trying to figure out the best one for us."

Wednesday's meeting took place in Lander at the newly opened CWC Lander Center.

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