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April 19, 2014, 9:07 pm
970 WMAY News

CWLP Insurance Up for Passage, Includes Terrorism Coverage


So you think your insurance bill is high?

 

Springfield aldermen will vote next week on an insurance policy for City Water Light and Power.

 

The premium for one year of coverage for the utility… $1.7 million.

 

The contract with R.W. Troxell includes a $90,000 rider to cover the utility against terrorism events.

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