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UTILITY BOARD APPROVES BINDING & RENEWING INSURANCE COVERAGE

03/25/2010 ~ The Utility Board approved binding and renewing Keys Energy Services’ (KEYS) property, boiler, and machinery insurance coverage with Associated Electric Gas Insurance Services (AEGIS) at their regular meeting on March 24th.

The aforementioned insurance policies cover all KEYS’ owned properties for fire, windstorm, flood, and machinery breakdown with total values in excess of $71-million. The total cost of the insurance coverage from AEGIS is $456,428.

The regular meeting of the Utility Board took place at 5:00 p.m., Friday, March 24th, in the Louis Carbonell Board Room of the William Arnold Service Building, 1001 James Street, Key West.

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