The Insurance Committee is appointed by the Board of Selectmen to advise them on property and casualty insurance, to review exposures and risks of loss and to recommend the purchase of appropriate insurance coverage.
The Committe also acts as Commissioners for the management and administration of the Municipal insurance Fund for the payment of uninsured losses. There are 2 funds one for building losses and one for public liability claims.
The Committee currently consists of 2 persons and the Town Accountant who is an ex officio member. There are now openings for 3 additional new members.The Insurance Committee does not hold regularly scheduled meetings but meets only when issues arise requiring its action or attention. Generally there is a maximum of one meeting every 6-8 weeks.